Coal news and updates

Adani Port invests Rs 600 cr for logistics park in Kochi

Adani Ports and Special Economic Zone Ltd. (APSEZ) has announced an Rs 600 crore investment for a 70-acre Logistics Park in Kalamassery, Kochi, according to a BSE filing.

Developed under the Invest in Kerala initiative, this landmark project marks a pivotal step in transforming Kerala into a logistics and industrial powerhouse. Strategically located in Kochi- a city rapidly emerging as a hub for industrial and logistics development, the park spans over 70 acres and is designed to reduce transportation costs, enable just-in-time operations, and enhance export capabilities across key sectors including e-commerce, FMCG/FMCD, pharmaceuticals, automotive, and retail.

The facility will feature EV charging stations, smart logistics solutions, and digital integration, emphasizing sustainability and innovation. The investment towards this will be over Rs 600 crore and is expected to generate over 1,500 jobs, fostering local employment, skill development, and economic growth, while creating opportunities for SMEs to thrive within the supply chain ecosystem.