Kerala has significant potential for an air-sea cargo mix in the State capital, and Adani Ports is keen to leverage it, according to Pradeep Jayaraman, CEO of Adani Vizhinjam Ports Pvt Ltd.
Except for one or two places, no other seaport and airport in the world are 30 minutes apart from each other, he said.
Leveraging its seaport-airport proximity, Kerala’s capital is well poised to become the next Singapore of the country, and that should be the vision and mission, he said at a panel session on ‘Roadmap for Responsible Growth and Innovation’ held on the sidelines of the industries seminar organised by the State government as part of unveiling ‘Vision 2031’.
Phase-2 port expansion to create 2 km single-line berth, multi-cargo handling
We will start Phase 2, during which 800 meters of berth will be constructed. We are also committed to building an additional 1,200 meters that make it about two kilometres long single straight line berth, one of the longest in the country,” he said.
“We are also going to invest in ramping up our multi-cargo handling capability that will help importers and exporters, he said.”
Phase-2 port expansion to create 2 km single-line berth, multi-cargo handling
We will start Phase 2, during which 800 meters of berth will be constructed. We are also committed to building an additional 1,200 meters that make it about two kilometres long single straight line berth, one of the longest in the country,” he said.
“We are also going to invest in ramping up our multi-cargo handling capability that will help importers and exporters, he said.”
Logistics parks to support trade as Phase-1 already at 120% capacity
The project of developing logistics parks in the state is on the anvil. With the completion of Phase-1 of Vizhinjam Port, the present capacity has become 120-130 per cent, manifesting the capability of the location and the port, he added.
The event is organised by the Department of Industries and Commerce, in association with the Kerala State Industrial Development Corporation (KSIDC), the Kerala Bureau of Industrial Promotion (K-BIP), and the Kerala Industrial Infrastructure Development Corporation (KINFRA).
APM Mohammed Hanish, Principal Secretary, Industries & Commerce, was the moderator of the session.
Kaynes Technologies to invest ₹500 crore in Perumbavoor electronics facility
Ramesh Kannan, CEO, Kaynes Technologies, said that as part of its expansion across various states, Kaynes will invest around ₹500 crore in Kerala. “We are planning to set up a state-of-the-art electronic assembly unit in Perumbavoor in one lakh sqft in Phase-1. We will have fully automated test engineering group working in Phase -1. In Phase-2 and 3, we are planning to have a component factory and associated subsystems. By the completion of Phase-3, around 4,000 engineers will be working in the large facility,” he informed.
Revealing schemes for startups, Sanjay Khanna, CMD, BPCL, said BPCL is providing funds to startups specialising in decarbonisation and Artificial Intelligence (AI).
