10 months ago
NDR Space to Invest ₹250 Crore in Aluva Warehousing Facility
A company called NDR Space is building a big new storage and delivery center in Aluva, India.
It will cost a lot of money, ₹250 crore, and is built on 16 acres of land.
This project is special because it's the 100th one that the government has helped start through a program called Invest Kerala Summit.
This program has brought in a lot of money and created many jobs for people in Kerala.
The new center will help businesses that sell things online, make medicines, or need to store and move products quickly.
It's expected to be ready by March 2026 and will create jobs for over 300 people.
The company also plans to build even more of these centers across Kerala in the future to help the state's economy grow.
NDR Space Private Ltd is establishing a ₹250 crore A-grade warehousing and logistics facility in Aluva, Kerala.
The project, spread over 16 acres, is the 100th project under the Invest Kerala Summit.
The facility is expected to generate direct and indirect employment for over 300 people.
It aims to enhance industrial activity, supply chain efficiency, and support Kerala's growing commercial sector.
The project is slated for commissioning by March 2026 and will serve sectors like FMCG, pharmaceuticals, e-commerce, and 3PL.
- Who
- NDR Space Private Ltd, promoted by Kerala Industries Minister P Rajeeve.
- What
- Laid the foundation stone for a ₹250 crore A-grade warehousing and logistics facility, the 100th project under the Invest Kerala Summit.
- Where
- Chununganveli near Aluva, Kochi, Kerala.
- When
- Foundation stone laid on November 6, 2025; facility to be commissioned by March 2026.
- Why
- To generate employment, contribute to industrial activity and supply chain efficiency, and support Kerala's vision for world-class infrastructure and logistics modernization.
State Government's Investment Promotion
NDR Space's Strategic Development
Investment and Job Creation
State Government's Investment Promotion
Kerala Industries Minister P Rajeeve highlighted that this project is the 100th under the Invest Kerala Summit, which has attracted ₹36,000 crore in investments and created around 50,000 jobs. He also noted Kerala's higher investment proposal conversion rate (24%) compared to other states.
NDR Space's Strategic Development
NDR Space's CEO stated the project will contribute significantly to industrial activity and supply chain efficiency, supporting Kerala's vision for world-class infrastructure and aiming to create over 300 direct and indirect jobs.
Project Scope and Vision
State Government's Investment Promotion
The government supports projects that bolster various sectors like logistics, services, and manufacturing, contributing to the state's economic growth.
NDR Space's Strategic Development
NDR Space aims to build nearly two million sq. ft. of Grade-A warehousing and industrial space across Kerala, catering to key sectors like FMCG, pharmaceuticals, e-commerce, and 3PL, to modernize the state's logistics ecosystem.
Key facts
- Company
- NDR Space Private Ltd
- Project Investment
- ₹250 crore
- Project Type
- A-grade warehousing and logistics facility
- Location
- Chununganveli near Aluva, Kochi, Kerala
- Land Area
- 16 acres
- Employment Generation
- Direct and indirect employment for over 300 persons
- Commissioning Date
- March 2026
- Target Sectors
- FMCG, pharmaceutical, e-commerce, 3PL
Quotes
P Rajeeve
Kerala Industries Minister
“this is the 100th project that came under Invest Kerala Summit and the State has gained investment worth ₹36,000 crore following the meet held in February. The investments helped to create around 50,000 employment opportunities.”
thehindubusinessline.com
“The conversion rate of investment proposal in Kerala is 24 per cent compared with 14-15 percent in many other States”
thehindubusinessline.com
Raj Srinivasan
Chief Executive Officer of NDR Space Pvt. Ltd.
“the project would contribute substantially to industrial activity and supply chain efficiency in the region. NDR Space aims to advance Kerala’s vision of building world-class infrastructure to support its growing commercial and manufacturing sector.”
thehindubusinessline.com
