Indian Economy News

Adani Group plans to invest Rs. 30,000 crore (US$ 3.46 billion) in Kerala in the next five years

  • IBEF
  • February 24, 2025

Adani Group has announced an investment of Rs. 30,000 crore (US$ 3.46 billion) in Kerala over the next five years, focusing on infrastructure, logistics, and manufacturing expansion. The group, which is already developing the Vizhinjam port and operating Thiruvananthapuram International Airport, has invested Rs. 5,000 crore (US$ 577.1 million) in the port project and committed an additional Rs. 20,000 crore (US$ 2.31 billion). At the Invest Kerala Global Summit, Adani Ports & Special Economic Zone Ltd (APSEZ) Managing Director, Mr. Karan Adani, outlined plans to enhance the airport’s capacity from 4.5 million to 12 million passengers per annum with an investment of Rs. 5,500 crore (US$ 634.8 million). Additionally, the group will develop a logistics and e-commerce hub in Kochi and expand its cement manufacturing capacity in the state.

This investment aligns with Kerala’s broader economic development strategy, with the two-day Invest Kerala Global Summit attracting around 3,000 participants. The airport, port, and logistics infrastructure expansion is expected to boost trade, tourism, and industrial growth in the region. Adani Group’s commitment to the state highlights its long-term vision for developing strategic assets and strengthening Kerala’s position as a key hub for commerce and connectivity.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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