Adani Group to Invest ₹30,000 Crore in Kerala Over Five Years.

The Adani Group has committed to investing ₹30,000 crore in Kerala over the next five years, with a major focus on port infrastructure, airport expansion, and logistics development.

Speaking at the inaugural session of the Invest Kerala Global Summit, Karan Adani, Managing Director of Adani Ports & SEZ Ltd, announced that ₹20,000 crore will be allocated to Vizhinjam International Transshipment Port, positioning it as the largest transshipment hub in the region. The company has already invested ₹5,000 crore in the project.

In addition, Adani Group will invest ₹5,500 crore to expand Thiruvananthapuram International Airport, increasing its passenger handling capacity from 5 million to 12 million. The company also plans to develop a logistics and e-commerce hub in Kochi, along with expanding its cement terminal capacity in the state.

The two-day Invest Kerala Global Summit kicked off on Friday, with Kerala Chief Minister Pinarayi Vijayan highlighting the state's progress in fostering a startup ecosystem and improving its ease of doing business. He noted that 6,200 startups have been launched in Kerala over the past eight years, attracting ₹5,800 crore in investment and generating 62,000 jobs. The state aims to establish 15,000 startups and create one lakh jobs by 2026.

Union Commerce Minister Piyush Goyal also addressed the summit, emphasizing India’s goal of becoming a $30-35 trillion economy by 2047, up from its current $4 trillion. He mentioned that India is in trade negotiations with the EU, UK, and Oman, and will soon begin discussions with Bahrain for a free trade agreement. The government is also working towards a bilateral trade deal with the US, which Goyal described as the "mother of all deals" with immense economic potential.

Adding to Kerala’s infrastructure boost, Union Minister for Road Transport & Highways Nitin Gadkari announced 31 new road projects worth ₹50,000 crore for the state in his online address.

The investments announced at the summit underline Kerala’s growing appeal as a business and infrastructure hub, with a focus on global trade connectivity, industrial growth, and job creation.

HBL