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The first phase of infrastructure development for the proposed Palakkad Smart City is estimated to cost Rs 11 billion. The smart city is a key component of the Kochi鈥揃engaluru Industrial Corridor and will focus on infrastructure upgrades across 1,400 acres in the Puthussery Central and Kannambra areas.

Kerala Industries Minister P. Rajeeve announced that tenders have already been invited for core infrastructure works, which are central to the broader Industrial Corridor Development Project. The development is expected to be completed within four years.

Tenders will soon be floated for the Integrated Command and Control Centre building, landscaping, and other related facilities. Current bids include infrastructure such as roads, drainage systems, bridges, water supply, firefighting systems, water recycling, sewerage lines, and a water treatment plant.

The master plan and Detailed Project Report (DPR) have been finalised. The project will be implemented under a 50:50 partnership between the National Industrial Corridor Development and Implementation Trust (NICDIT) and the Kerala Industrial Corridor Development Corporation Limited, a special purpose vehicle of the state government.

Kerala鈥檚 contribution is being funded through the Kerala Infrastructure Investment Fund Board (KIIFB), with an equal share to be invested by the central government.

In late April, the state government handed over an additional 220 acres of land in Puthussery taluk to the Kerala Industrial Corridor Development Corporation. This transfer is expected to accelerate construction activities and enhance the state鈥檚 stake in the project.