TVS ILP, a division of the TVS Group, has signed a memorandum of understanding with the Telangana government to acquire 20 acres of land for developing a technology-enabled logistics and industrial park.

The proposed project involves an investment of around Rs 2 billion and aligns with Telangana’s vision of emerging as a major hub for manufacturing, warehousing and logistics. The development is expected to generate employment opportunities and support industrial growth across multiple sectors. The MoU was signed in the presence of Telangana Chief Minister Revanth Reddy Anumula and senior government officials.

Dr Ramnath Subramaniam, Joint Managing Director of TVS ILP, said Telangana’s strong investment climate and improving infrastructure were key factors behind the decision. He added that TVS ILP, which has a growing national footprint, aims to strengthen the state’s industrial and supply chain ecosystem and contribute to its ambitions of becoming a globally competitive industrial centre.