The new 532km-long rail corridor is expected to be complete by 2024. Credit: Navaneeth Kishor

The Government of Kerala has approved an Rs660.79bn ($9.3bn) semi high-speed rail (SHSR) project between Kasaragod and the state’s capital Thiruvananthapuram.

The 532km rail corridor is expected to be completed by 2024.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The centre and state government will contribute Rs77.2bn ($1.08bn) each. Half of the cost, Rs344.54bn ($4.8bn), will be attained through loans.

Land acquisition and other related matters will cost the state government around Rs86.56bn ($1.2bn). The union and state governments will meet the remaining expenses through different loans.

The project will be undertaken by Kerala Rail Development Corporation Limited (KRDCL), a joint venture between the Government of Kerala and the Ministry of Railways.

It is expected to cut the journey time between Thiruvananthapuram and Kasaragod from 12 hours to four hours, and Thiruvananthapuram to Kochi by 90 minutes.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Under the project, KRDCL will buy around 1,200 hectares of land. They will operate nine coaches initially and will increase the number to 12. The rails will be extended along the urban stretches.

While travelling northwards from Thiruvananthapuram, the track will pass through eleven districts, stopping at ten stations of Kollam, Chengannur, Kottayam, Ernakulam, Thrissur, Tirur, Kozhikode and Kannur before reaching Kasaragod.

The new rail line will also connect the Thiruvananthapuram and Kochi airports. Trains will travel at a maximum speed of 200km per hour.

The project is expected to create jobs for 50,000 during the course of the construction and up to 11,000 once operational.