Sat Feb 22 06:44:07 UTC 2025: **UAE’s Sharaf Group to Invest ₹5,000 Crore in Kerala’s Logistics Sector**

KOCHI, Kerala – February 22, 2025 – The UAE-based Sharaf Group, a major player in shipping and logistics, announced a ₹5,000 crore investment in Kerala’s burgeoning logistics sector. The investment, expected to be split across two undisclosed locations within the state, was revealed at a press conference on Saturday.

Sarafudin Sharaf, Vice-Chairman of the Sharaf Group, expressed confidence that the investment will significantly boost the sector. He praised the Kerala government’s organization of the Invest Kerala Global Summit, citing it as a factor in their decision. The Sharaf Group, with over 20 years of experience in Indian logistics, shipping, and railways across seven major cities, sees Kerala as a key area for future growth.

A. P. M. Mohammed Hanish, Kerala’s Principal Secretary for Industries, confirmed prior discussions with the company regarding potential investments. The investment is expected to contribute to the Kerala government’s ongoing efforts to attract foreign investment.

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