Adani Group has announced plans to invest INR300bn (US$3.6bn) in Kerala over the next five years, significantly expanding its presence in the state. The diversified conglomerate, which is actively developing Vizhinjam port and operating Thiruvananthapuram airport, will focus on strengthening its logistics, e-commerce and cement manufacturing operations.
The group has already invested INR50bn in the Vizhinjam port project and has now committed an additional INR200bn to further accelerate its development, according to Adani Ports & SEZ Ltd Managing Director, Karan Adani. As part of its broader expansion strategy, Adani Group will also undertake a major upgrade of Thiruvananthapuram airport, increasing its capacity from 4.5m to 12m passengers per annum. This project alone will require an investment of INR55bn.
In addition to its infrastructure and transport initiatives, Adani Group will establish a large-scale logistics and e-commerce hub in Kochi. The company is also set to expand its cement manufacturing capacity in the region, reinforcing its industrial footprint in Kerala.
The announcement was made at the Invest Kerala Global Summit, a two-day event expected to attract around 3000 participants, including industry leaders and investors.
