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.
Norbert Sumisławski, Managing Director – International Project Management, Panattoni, and Mohamed Bismith, Managing Director, Edayar Zinc Ltd., formally executed the agreement on Wednesday, 5th November 2025 in the presence of Shri P. Rajeeve, Hon’ble Minister for Law, Industries & Coir, and Shri A. P. M. Mohammed Hanish, IAS, Principal Secretary (Industries), Government of Kerala.
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.
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, “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.
About Panattoni India Development Pvt. Ltd:
Panattoni India Development Pvt. Ltd. is a part of the Global Panattoni Group – one of the largest industrial real estate developers in the world. Panattoni is also one of the top-ranking, consistent deployers of institutional and private wealth capital directly in deal opportunities in the European industrial and logistics investment market. Panattoni operates in Austria, Belgium, Czech Republic, Denmark, France, Germany, Hungary, Italy, the Netherlands, Poland, Portugal, Slovakia, Spain, Sweden, United Kingdom + India, Saudi Arabia, United States and Canada. On average, it invests around EUR 8.0 billion a year globally. The commencement of the Indian operations in 2022 marks Panattoni’s entry into Asia. Headquartered in Bengaluru, Panattoni India also has offices in Mumbai and Delhi. Panattoni has delivered 22.3 million square meters in Europe and 56.3 million square meters globally, with an additional 3.1 million square meters under construction in Europe. Panattoni’s expertise extends to asset/property management and sustainability certifications. Operating from 36 offices in Europe, India, and globally (56 offices), Panattoni is committed to delivering high-quality, sustainable real estate solutions.
About Edayar Zinc Ltd.
Edayar Zinc Ltd., formerly M/s Binani Zinc, is a leading industrial and manufacturing company in Kerala with over 50 years of legacy, committed to driving sustainable industrial growth and innovation. In 2020, under new promoters, the company transitioned from zinc manufacturing to developing an industrial park and logistics hub. Its flagship revival project, the Kerala Industrial and Logistics City (KLIC), is envisioned as a self-sustaining industrial ecosystem designed to attract global investment, generate employment, and promote environmentally responsible industrial practices. With a forward-looking approach, KLIC aims to establish Kerala as a global destination for advanced manufacturing, smart logistics, and next-generation industrial innovation.
