IndoSpace will invest over Rs 10.4 billion to develop a 188-acre industrial and logistics park in Chakan, Pune, strengthening its presence in one of India’s most prominent manufacturing corridors. This will be the firm’s eighth logistics park in the region, taking its Pune footprint to 525 acres.

The new facility, IndoSpace Chakan V, will cater to rising demand from sectors such as automotive, engineering, electronics, and third-party logistics (3PL). Located in MIDC Chakan, the park benefits from its proximity to key highways, including the Mumbai-Pune Expressway, Pune-Nashik Highway, Pune-Ahmednagar-Aurangabad Highway, and the Bengaluru-Mumbai Industrial Corridor—ensuring excellent connectivity across western India.

In 2024, the Chakan-Talegaon belt saw 6.7 million square feet of absorption, highlighting its strategic importance in the logistics and supply chain landscape.

Anshuman Singh, Managing Director and CEO of IndoSpace, said, “With IndoSpace Chakan V, we are strengthening our ability to support the evolving requirements of India’s industrial growth and logistics transformation.”

This investment aligns with IndoSpace’s long-term vision to scale up integrated supply chain infrastructure across the country.