Kochi to enhance its logistics ecosystem with incoming parks by major leading companies.
Kochi is poised for transformative growth in the logistics sector, with leading companies like California-based Panattoni, the Adani Group, and Flipkart making significant investments.
Industries Minister P. Rajeeve announced that Panattoni, a global leader in industrial real estate, is in the final stages of acquiring a 100-acre plot at Edayar Industrial Estate. Construction is expected to begin soon. Meanwhile, the Adani Group plans to develop a INR 500-crore logistics park on a 70-acre site near HMT, Kalamassery, while Flipkart’s 5.5 lakh sqft facility in the same area is nearing completion and is set to be operational by year-end.
In Angamaly’s Parakadavu, a Bengaluru-based company is developing a 2.5 lakh sqft logistics park, further diversifying Kochi’s offerings.
Minister Rajeeve highlighted Kochi’s strategic advantages, including proximity to Cochin Port and Vizhinjam Port, as key drivers for these investments. “These projects will create thousands of jobs,” he said, with Flipkart alone projected to generate 1,000 direct and 3,000 indirect employment opportunities.
According to Knight Frank India’s 2023 report, Kochi’s warehousing market has seen a 239 percent surge in transaction volumes, reflecting growing demand and reduced market vacancies. With investments from global giants, Kochi is on track to becoming a leading logistics hub in India.
