Priyanka
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Karan Adani, Managing Director of Adani Ports and SEZ Ltd., announced a significant investment plan for Kerala at the Invest Kerala Global Summit held in Kochi. Over the next five years, the Adani Group will invest ₹30,000 crore in the state, focusing on infrastructure, logistics, and industrial expansion.
Expansion of Vizhinjam Port and Thiruvananthapuram Airport
The Adani Group has already invested ₹5,000 crore in developing Vizhinjam Port. Karan Adani confirmed that the group will further invest ₹5,500 crore to enhance Thiruvananthapuram Airport, increasing its annual passenger capacity from 45 lakh to 1.2 crore.
Development of Logistics and E-commerce Hub
As part of its investment strategy, the Adani Group will establish a logistics and e-commerce hub in Kochi. Additionally, cement manufacturing capacity in Kochi will be expanded to support the region’s growing industrial needs.
Additional Investment Commitment of ₹20,000 Crore
Speaking at the summit, Karan Adani stated, “We are committing an additional investment of ₹20,000 crore in Kerala.” This substantial financial infusion aligns with the group’s long-term vision to enhance infrastructure, trade, and business operations in the state.
Adani Group’s Commitment to Kerala’s Growth
Expressing his enthusiasm, Karan Adani remarked, “Kerala is emerging as a model of development and progress, and we are honored to be part of this journey.” The Vizhinjam Port, set to become India’s first transshipment hub, is a key project in this vision.
With these strategic investments, the Adani Group aims to strengthen Kerala’s infrastructure and economy, making the state a hub for logistics, e-commerce, and industrial development.
