Adani Group Pledges Rs 30,000 Crore Investment in Kerala to Revamp Ports
Adani Group Pledges Rs 30,000 Crore Investment in Kerala to Revamp Ports

Adani Group Pledges Rs 30,000 Crore Investment in Kerala to Revamp Ports

  • 24-Feb-2025 8:30 PM
  • Journalist: Timothy Greene

Kerala is set to witness a significant economic transformation following the Invest Kerala Global Summit, where major investments were announced by both private and public sectors. Adani Group revealed plans to inject Rs. 30,000 crore into the state over the next five years, focusing on port expansion, airport development, and logistics infrastructure. Simultaneously, Union Minister Nitin Gadkari assured the state of Rs. 3 trillion worth of road projects during the central government's current tenure.

Karan Adani, Managing Director of Adani Ports and SEZ, outlined the group's ambitious plans, highlighting the importance of Vizhinjam Port. An additional Rs. 20,000 crore, on top of the already invested Rs. 5,000 crore, will be allocated to transform Vizhinjam into India's largest transshipment hub. This initiative aims to capitalize on the port's location along major international shipping routes. The port has already demonstrated its capability by accommodating the largest container vessel ever to dock in India.

Beyond maritime infrastructure, Adani Group will invest Rs. 5,500 crore to expand Trivandrum International Airport, increasing its passenger capacity from 4.5 million to 12 million. This expansion is expected to significantly boost Kerala's connectivity, fostering tourism and trade. Furthermore, the group plans to establish a logistics and e-commerce hub in Kochi, alongside expanding its cement manufacturing capacity, contributing to the state's industrial growth.

Complementing these private sector investments, Union Minister Nitin Gadkari pledged Rs. 3 trillion worth of road projects, underscoring the central government's commitment to enhancing Kerala's infrastructure. Gadkari highlighted 31 upcoming projects spanning 896 kilometers, with an investment of approximately Rs. 50,000 crore, demonstrating the government's proactive approach to improving connectivity.

The summit also witnessed substantial interest from other investors. Brigade Group announced a Rs. 1,500 crore investment plan, expected to generate around 12,000 jobs over the next five years. This includes the establishment of a second World Trade Center in Kerala and the expansion of its residential and hospitality projects. Aster DM Healthcare also committed to investing Rs. 850 crore over the next three years to scale up its healthcare infrastructure and services.

The Invest Kerala Global Summit 2025 marked a turning point for the state, signaling a shift towards a more investor-friendly environment. With substantial investments from both the private and public sectors, Kerala is poised for significant economic growth, enhanced connectivity, and increased job opportunities, solidifying its position as a key economic hub in India.

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