Adani Group to develop logistics park in Ernakulam; Flipkart facility to be up by December
Adani Group is investing Rs 500 crore for a modern logistics park on a 70-acre plot in Ernakulam, Kerala’s industries and law minister P Rajeeve told ET.
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The group has taken possession of the industrial plot, and the logistics park would mean hundreds of new jobs to locals, he added.
It will have many warehouses to be operated by private firms and Flipkart will be among the first to set up a facility. The Walmart-owned ecommerce firm is expected to get its facility up by December this year, sources briefed on the subject said. Flipkart did not respond to an email seeking comment.
The logistics park is coming up at Kalamassery, which is also the constituency that Rajeeve represents in the Kerala assembly.
The Adani Group will also be investing Rs 10,000 crore on phase II of the Vizhinjam deepwater multipurpose port in Kerala over the next three years. The government and the group together have invested Rs 7,900 crore under the first phase of the project built since 2015 under a public private partnership (PPP) model. In the second phase, the entire investment would come from the infrastructure conglomerate, officials said.
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