Brigade Group Commits Rs 15 Billion Investment in Kerala at Global Summit
22 Feb 2025 CW Team
Brigade Group has pledged an investment of Rs 15 billion in Kerala, aiming to generate over 12,000 jobs over the next five years. The company submitted an Expression of Interest (EOI) at the Invest Kerala Global Summit 2025, in the presence of Chief Minister Pinarayi Vijayan.
The EOI includes plans for Kerala’s second World Trade Center (WTC), following WTC Kochi, along with a luxury island resort in Vaikom and a residential project in Kochi. The projects are expected to be completed by 2030, with government support and regulatory facilitation.
Last month, Brigade signed an MoU with Technopark to develop a 1.5 million sq. ft. WTC in Thiruvananthapuram, while also expanding WTC Kochi with a third tower.
"Kerala remains a key focus for us across commercial, IT office space, hospitality, and residential developments," said Vineet Verma, MD, WTC Trades & Projects, Brigade Group. "With government support, we aim to contribute to the state’s growth in IT, tourism, and real estate."
With nearly four decades in real estate, Brigade has played a pivotal role in Kerala’s development, with WTC Kochi and Four Points by Sheraton standing as key milestones.