Aequs Infra to Invest Rs 20 Billion in South India Expansion
ECONOMY & POLICY

Aequs Infra to Invest Rs 20 Billion in South India Expansion

Aequs Infra, a major developer of large-format industrial clusters, has unveiled plans to develop 12 million sq. ft. of warehousing and manufacturing infrastructure across Tier-1 and Tier-2 cities in South India, with an estimated investment of over Rs 20 billion.
The project, with an average construction cost of Rs 2,000 per sq. ft., will include 50–100 acre parks primarily focused on manufacturing-led growth. Of the total, around 3–4 million sq. ft. will be developed in Tier-2 cities through built-to-suit models, with the remainder targeting Tier-1 hubs, said Shyam Kalyanasundaram, the newly appointed CEO.
Founded by Aravind Melligeri, Aequs Infra currently operates the Belagavi Aerospace Cluster, Koppal Toy Cluster, and Hubballi Durable Goods Cluster, serving clients such as Airbus, Boeing, Hasbro, and Wonderchef. The company has also secured government approval to establish an electronics components SEZ in Hubballi.
With India’s manufacturing landscape rapidly evolving, Aequs Infra’s expansion is poised to support the growing demand for high-grade logistics and industrial infrastructure across the region.

Aequs Infra, a major developer of large-format industrial clusters, has unveiled plans to develop 12 million sq. ft. of warehousing and manufacturing infrastructure across Tier-1 and Tier-2 cities in South India, with an estimated investment of over Rs 20 billion.The project, with an average construction cost of Rs 2,000 per sq. ft., will include 50–100 acre parks primarily focused on manufacturing-led growth. Of the total, around 3–4 million sq. ft. will be developed in Tier-2 cities through built-to-suit models, with the remainder targeting Tier-1 hubs, said Shyam Kalyanasundaram, the newly appointed CEO.Founded by Aravind Melligeri, Aequs Infra currently operates the Belagavi Aerospace Cluster, Koppal Toy Cluster, and Hubballi Durable Goods Cluster, serving clients such as Airbus, Boeing, Hasbro, and Wonderchef. The company has also secured government approval to establish an electronics components SEZ in Hubballi.With India’s manufacturing landscape rapidly evolving, Aequs Infra’s expansion is poised to support the growing demand for high-grade logistics and industrial infrastructure across the region.

Next Story
Infrastructure Energy

Mizoram To Build Rs 139 Billion Pumped Storage Power Plant

Mizoram Chief Minister Lalduhoma on Friday announced plans to construct a 2,400 MW pumped storage hydroelectric power plant in Hnahthial district, marking a major step towards achieving energy self-sufficiency in the state. Addressing the Mizo Students’ Union general conference in Hnahthial town, the Chief Minister said the plant would be developed across the Darzo Nallah, a tributary of the Tuipui river. Once operational, the project is expected to play a pivotal role in meeting Mizoram’s rising electricity demand and reducing dependence on imported power. Officials from the State Power..

Next Story
Infrastructure Energy

Centre Plans Nationwide Opening Of Power Retail Market

India is preparing to open up its retail electricity market to private companies nationwide, effectively ending the long-standing monopoly of state-run power distributors in most regions, according to a draft bill released by the Union Power Ministry on Friday. The move will enable major private sector players — including Adani Enterprises, Tata Power, Torrent Power, and CESC — to expand their presence across the country’s electricity distribution landscape. A similar reform attempt in 2022 had faced strong opposition from state-run distribution companies (discoms), which currently dom..

Next Story
Infrastructure Energy

CEA Sets 100 GW Nuclear Target For India By 2047

In a landmark step marking its 52nd Foundation Day, the Central Electricity Authority (CEA) unveiled an ambitious roadmap to develop 100 gigawatts (GW) of nuclear power capacity by 2047, aligning with India’s long-term Net-Zero commitment and energy security objectives. The event, held at the Central Water Commission auditorium in New Delhi’s R.K. Puram, was attended by Pankaj Agarwal, Secretary, Ministry of Power, who served as the Chief Guest. The roadmap sets out a detailed plan to expand India’s nuclear capacity from its current level of approximately 8,180 MW as of early 2025, outl..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?