Panattoni and Edayar Zinc Ltd. Announce ₹800 Crore Flagship Industrial and Logistics Park with Edayar Zinc Ltd

THIRUVANANTHAPURAM:
Global industrial real estate leader Panattoni and Kerala-based Edayar Zinc Ltd. today announced a strategic partnership to develop a state-of-the-art, Grade A+ multi-client logistics and industrial park in Edayar Industrial Area, Kochi, with a total investment of ₹800 crore. This landmark development marks Panattoni’s entry into Kerala and serves as the anchor project within the Kerala Logistics & Industrial City (KLIC) – a visionary initiative by Edayar Zinc Ltd. that will position Kochi as a gateway for global industrial and logistics investment.

Nobert Sumislawski, Managing Director – International Project Management, Panattoni and Mohamed Bismith, Managing Director, Edayar Zinc Ltd., formally executed the agreement in the presence of P Rajeeve, Minister for Law, Industries and Coir, and A.P.M. Mohammed Hanish, Principal Secretary (Industries), Government of Kerala. Vishnuraj P, MD, KSIDC and Santhosh Koshy, MD, KINFRA, were also present.

The new park will be developed in two phases — with Phase I spanning 20 acres and featuring 5.2 lakh sq. ft. of world-class infrastructure, catering to e-commerce, FMCG, 3PL, and pharmaceutical clients. The facility will feature 12-meter clear height, FM2-grade floors, 5-tonne/sq. m. loading capacity, K160 sprinklers, and IGBC-certified sustainable design, setting new benchmarks in the region’s logistics ecosystem.

Construction will begin in February 2026, with Phase 1 operations targeted for February 2027.

Speaking on the occasion, Rajeeve said with the advent of Panattoni, Kerala’s visibility in logistics sector will increase. “I express my gratitude to Panattoni for showing interest in investing in Kerala. The government within its framework will provide whatever needed for Panattoni in a stipulated time and a special officer has been designated for the project as a nodal officer,” the Minister added.

Norbert Sumisławski, Managing Director – International Project Management, Panattoni, added, “This partnership with Edayar Zinc Ltd. reflects our shared commitment to developing world-class, sustainable, and flexible logistics infrastructure. The Kochi project exemplifies our model of combining global expertise with local entrepreneurship to unlock industrial potential and create employment opportunities that strengthen regional economies.”

Rajiv Sinha, CFO, Panattoni India, said, “India continues to be one of Panattoni’s most promising growth markets. Our partnership with Edayar Zinc Ltd. and the Kerala Government underscores our commitment to expanding into high-potential regions and delivering infrastructure that supports India’s logistics modernization. Kochi’s strategic location, industrial heritage, and connectivity make it an ideal hub for future-ready development aligned with the country’s manufacturing ambitions.”

Mohamed Bismith, Managing Director, Edayar Zinc Ltd., commented, “KLIC represents our vision to transform Edayar into a vibrant industrial hub that contributes meaningfully to Kerala’s economic growth. With plans to host over 50 industrial units and generate more than 5,000 direct and indirect jobs, and with over ₹1,500 crore of projected investments from diverse industrial and logistics projects, KLIC is designed to become a self-sustaining ecosystem that drives sustainable industrial progress and Kerala’s next phase of economic development.”

The proposed future developments at KLIC include the Global Machinery, Equipment and Technology (GMET) Corridor — a pioneering platform designed to bring together global OEMs, technology providers, and industrial leaders — and the Industrial Gala, offering state-of-the-art, built-to-lease spaces for manufacturing, assembly, and allied operations.

Together, these developments will position KLIC as a future-ready industrial ecosystem, integrating world-class infrastructure, sustainable industrial planning, and comprehensive amenities such as a Business Centre, Convention Centre, Medical Centre, Sports and Entertainment Zones, green spaces, and dedicated facilities for barge berthing and container storage — setting a new benchmark for industrial and logistics excellence in Kerala.

Backed by the Kerala Government’s forward-looking industrial and logistics policies, this development is poised to redefine regional connectivity, enhance supply chain efficiency, and accelerate sustainable economic growth across southern India.