By Additional Rs 20,000 cr investment in Vizhinjam Port
Karan Adani announces plan at Invest Kerala Global Summit
The Adani Group is going to invest Rs 30,000 crore in various projects Kerala in the next five years, including an additional investment of Rs 20,000 crore in Vizhinjam Port, said Mr Karan Adani, MD of Adani Ports and SEZ Limited (APSEZ), here today.
Mr. Adani was delivering the special address at the opening session of Invest Kerala Global Summit (IKGS 2025) here. The two-day summit was inaugurated by Chief Minister Shri Pinarayi Vijayan at Lulu Bolgatty International Convention Centre.
Noting that Vizhinjam places India at the heart of global commerce, Mr Adani said the Adani Group, which came at the helm of Vizhinjam Port in 2015, has already invested Rs 5,000 crore and an additional investment of Rs 20,000 crore will be done.
“Vizhinjam is strategically located along the world’s busiest shipping lanes. Even before commissioning, the Port made history by docking the largest container vessel to ever touch the Indian shores, with a capacity of 24,000 containers,” he said.
Mr Adani said it is not only India’s first trans-shipment hub, but their vision is to make Vizhinjam the largest trans-shipment port in this part of the region.
Besides, the Group will be expanding the capacity of Trivandrum International Airport from 4.5 million to 12 million passengers, with an investment of Rs 5,500 crore, he revealed.
Mr Adani informed that a Logistics and E-Commerce hub will be set up in Kochi and also increase its Cement capacity in the city.
