By Thamanna Sadique
Adani Ports and SEZ Ltd MD Karan Adani announced on Friday that Adani Group plans to deploy 30,000 crores in Kerala throughout the next five years to develop projects at Vizhinjam port along with expanding Thiruvananthapuram Airport and constructing a logistics hub and other developments. During the opening ceremony of the Invest Kerala Global Summit, Karan Adani stated that Kerala serves as a prime example of modern development while the Adani Group honors participating in this advancement journey.
The state of Kerala has maintained global trading connections for many centuries. Muziris functioned as an essential trading port linking Egypt and Rome to China which made Kerala a prominent site for spice and gold business. The Vizhinjam commercial center maintains Kerala’s historical trade heritage by making India an essential global business partner. The Adani Group takes pride in its commitment toward this emerging era. “Since 2015 we have been working on Vizhinjam port development under late Oommen Chandy’s leadership and Pinarayi Vijayan now leads this project toward reality,” he stated.
Vizhinjam has gained prominence through its favorable ocean shipping route position despite not being in operation yet which paved the way for the largest container ship to reach Indian waters carrying 24,000 containers. The Managing Director of Adani Ports and SEZ Ltd stated that Vizhinjam received Adani Group investments totaling Rs 5,000 crore and the group plans to invest another Rs 20,000 crore into the project. After its construction Vizhinjam will serve as the first transhipment hub of India yet the goal is to build this port into the biggest transhipment port in the region.
According to Karan Adani, Prime Minister Narendra Modi’s Viksit Bharat initiative positions India to achieve extraordinary economic and infrastructural expansion. The chairman stressed that a developed nation needs sound regional economies which Kerala represents as an example of investment-driven progress. Chairman Gautam Adani stated that infrastructure building under his direction produces valuable national assets which serve to develop the nation. The Adani Group feels privileged to participate in Kerala’s development route towards becoming a model of progress as the state emerges as an exceptional case of advancement.