
Brigade Group to invest Rs.1,500 cr in Kerala; set up 2nd World Trade Centre
Brigade Group to invest Rs.1,500 cr in Kerala; set up 2nd World Trade Centre
— Our Bureau Kochi
The Brigade Group proposes to invest ₹1,500 crore in Kerala with a potential to generate over 12,000 jobs over the next five years.
Brigade Enterprises Ltd, the flagship Company of the Brigade Group, has submitted an Expression of Interest at the Invest Kerala Global Summit 2025, in the presence of Chief Minister Pinarayi Vijayan.
The company proposes to set up its second World
Trade Centre (WTC) in the State with the first being in Kochi. Besides, the company will expand its footprint in Kerala with a residential project in Kochi and a luxury island resort at Vaikom. These projects are expected to be completed by 2030.
Last month, Brigade had entered into a MoU with Technopark to develop a WTC and allied amenities, developing around 1.5 million sq ft of infrastructure, spread across a cluster of towers in Thiruvananthapuram.
The company has already
signed and initiated the expansion of WTC in Kochi Infopark with its third tower, taking its IT infrastructure to over a million sq ft. With the proposed development of luxury island resort and residential ~project, Brigade plans to bring in around %1,500 crore investment to the State in the coming years.
Vineet Verma, Managing Director, WTC Trades & Projects P Ltd, a Brigade Group company, said Kerala continues to be the focus area across commercial, IT office space, hospitality and residential developments.