The Adani Group will invest ₹30,000 crore in Kerala over the next five years, in addition to the ₹5,000 crore already invested to develop the Vizhinjam International Transshipment Port, Karan Adani, Managing Director of Adani Ports & SEZ, announced at the Invest Kerala Global Summit (IKGS 2025) in Kochi today.

Around ₹20,000 crore will be allocated for developing the second and third phases of the port, aiming to increase passenger capacity from 4.5 million TEUs to 12 million TEUs, making it one of the largest ports in the region by 2028.

The company will also invest ₹5,500 crore in a logistics and e-commerce hub, as well as increasing cement capacity, Karan Adani added.

The Adani Group also manages the Thiruvananthapuram International Airport.

Inaugurating the event, Kerala Chief Minister Pinarayi Vijayan said the state is focusing on creating large-scale infrastructure. About 25% of the National Highway 66 modernisation cost was borne by the state for land acquisition. Additionally, the government is developing a plan to pool land for industries.

"No investor will have to think of moving to other states due to concerns over land availability," Vijayan assured.

The Kochi Water Metro has become a benchmark for multimodal transportation, and the state is developing an inland water transportation network. Kerala has 87 internet connections per 100 people, compared to the national average of 60 per 100 people.

The state has established 6,200 startups under the Kerala Start-Up Mission, which have collectively attracted ₹5,800 crore in investments and employ 62,000 people. The goal is to launch another 15,000 startups, employing 100,000 people by 2026, he added.

Nitin Gadkari, Union Minister for Road Transport and Highways, announced that before the end of the current central government’s tenure, Kerala will witness ₹3 lakh crore worth of investments from the central government to develop road infrastructure. Over ₹20,000 crore has already been invested in the road sector, with another ₹60,000 crore worth of projects currently underway. Gadkari also unveiled four new projects with a total capital outlay of ₹15,000 crore.