Adani to Build Logistics Park in Ernakulam
The logistics park, located in Kalamassery, will feature several warehouses operated by private firms. Among the first companies to establish a facility there will be Flipkart, with its operations expected to commence by December this year, sources familiar with the matter revealed. However, Flipkart did not provide a response to an email inquiry regarding the development.
In addition to the logistics park, the Adani Group is committing Rs 100 billion to the second phase of the Vizhinjam deepwater multipurpose port in Kerala, over the next three years. The first phase, constructed under a public-private partnership (PPP) model since 2015, involved a combined investment of Rs 79 billion from the government and the group. Officials stated that the second phase would be entirely funded by the Adani Group.
The conglomerate is also allocating Rs 20 billion over the next five years for the redevelopment of Thiruvananthapuram airport. Minister Rajeeve emphasised that the Adani Group’s investments in Kerala, spanning multiple sectors, represent the largest private investment the state has ever received. These projects are expected to generate thousands of direct and indirect employment opportunities in the future, according to industry insiders.
Ahead of the Invest Kerala Global Summit scheduled for February 21-22, the state government is organising a two-day Vizhinjam Conclave starting January 28. Minister Rajeeve stated that the seaport in Thiruvananthapuram district would play a pivotal role in Kerala’s economic growth and global connectivity.
The government aims to finalise around 20 investment agreements during the conclave, which will focus on exploring industrial opportunities tied to the port and its ancillary industries. The event will also seek investments across various other sectors. Representatives from multinational companies with significant investments in port-related projects are expected to participate.
The minister highlighted that the conclave would boost employment in industries associated with port operations and initiate efforts to engage local communities. The goal is to position Vizhinjam as a model for inclusive development, fostering economic growth while ensuring community involvement.