The Adani Group has announced a massive Rs 30,000 crore investment in Kerala over the next five years, focusing on port development, airport expansion, and logistics infrastructure. The announcement was made by the Managing Director of Adani Ports and SEZ Ltd, Karan Adani, at the Invest Kerala Global Summit in Kochi on Friday, February 21.
Highlighting Kerala’s strategic importance in global trade, Adani emphasized the role of Vizhinjam as India’s first transshipment hub. “Our vision is to make Vizhinjam the largest transshipment port in this region,” he stated. The group has already invested Rs 5,000 crore in the Vizhinjam Port and has committed an additional Rs 20,000 crore to its expansion.
Apart from port infrastructure, the Adani Group plans to significantly expand Trivandrum International Airport’s capacity from 4.5 million to 12 million passengers. This project will require an estimated investment of Rs 5,500 crore. The group also announced the development of a logistics and e-commerce hub in Kochi and an increase in cement-handling capacity in the city.
The announcement coincided with Union Minister for Road Transport Nitin Gadkari’s revelation of the Centre’s ambitious road infrastructure plans for Kerala. He stated that the government intends to complete road projects worth Rs 3 trillion during its current tenure. As part of this, 31 projects covering 896 kilometers in Kerala will be undertaken with an investment of approximately Rs 50,000 crore.