TVS ILP Signs MoU for Siliguri Logistics Park Expansion
TVS Industrial & Logistics Parks has signed a Memorandum of Understanding (MoU) for 10 acres of land in Siliguri, West Bengal, to develop a logistics park and strengthen its East India presence.
Strategically positioned as the gateway to Northeast India, Siliguri offers multimodal connectivity and access to key domestic and international trade corridors, including Nepal, Bhutan and Bangladesh. The proposed development is expected to support regional logistics efficiency, boost organised Grade A warehousing, and contribute to local employment generation.
Commenting on the development, Ramnath Subramaniam said, “West Bengal is an important market for industrial and logistics growth, supported by its strategic location and strong regional connectivity. Siliguri plays a critical role as a gateway to Northeast India and neighbouring international markets, making it a highly relevant logistics hub.”
The company noted that sectors such as e-commerce, FMCG, pharmaceuticals and regional distribution networks are driving demand for organised warehousing infrastructure in the region. The investment also marks TVS ILP’s second major investment in West Bengal and follows its earlier MoUs with the governments of Telangana and Karnataka as part of its broader national expansion strategy.