TVS Industrial & Logistics Parks (TVS ILP) has signed a Memorandum of Understanding worth Rs 2 billion with the Government of Karnataka at the Invest Karnataka Conclave 2026, recently held in Bengaluru.

The investment will support the development of tech-enabled industrial and logistics parks across the state, aimed at strengthening manufacturing infrastructure, generating employment, and catering to diverse industry needs.

The move aligns with TVS ILP’s strategy to expand its footprint in southern India, where industrial activity and consumption continue to grow. The company already has a presence across key southern markets and is scaling integrated infrastructure solutions.

Karnataka offers strong industrial fundamentals, supported by extensive road, rail, port, and air connectivity. Ongoing initiatives such as the Bengaluru–Mumbai Economic Corridor are expected to further enhance freight movement and industrial linkages.

TVS ILP currently operates 14 industrial and logistics parks across South India, serving tenants across sectors including e-commerce, manufacturing, FMCG, automobiles and third-party logistics.