ESR buys a 27-acre industrial, logistic park in Chennai
ECONOMY & POLICY

ESR buys a 27-acre industrial, logistic park in Chennai

ESR Group announced that it had acquired an additional 27 acres of land to expand its existing industrial and logistics park at Oragadam in Chennai. The enlarged area of ESR Oragadam Industrial and Logistics Park now spans 107 acres, with a development potential of 2.5 million sq ft.

According to a statement, the company stated that the additional $33 million investment demonstrated ESR's commitment to enhancing Tamil Nadu's industrial landscape. ESR Oragadam Industrial & Logistics Park, strategically situated in the heart of the Oragadam-Sriperumbudur cluster, which has seen strong growth in demand for Grade A assets, was highlighted.

This latest expansion was a continuation of the success of ESR Oragadam's initial two phases, which attracted a number of high-quality clients, including electromechanical solutions provider CUBIC, automotive research and development firm A2Mac1, and specialty labelling company CCL. CEO Abhijit Malkani of ESR India stated that ESR's expansion in Oragadam is actually a Grade A industrial building.

ESR Group announced that it had acquired an additional 27 acres of land to expand its existing industrial and logistics park at Oragadam in Chennai. The enlarged area of ESR Oragadam Industrial and Logistics Park now spans 107 acres, with a development potential of 2.5 million sq ft. According to a statement, the company stated that the additional $33 million investment demonstrated ESR's commitment to enhancing Tamil Nadu's industrial landscape. ESR Oragadam Industrial & Logistics Park, strategically situated in the heart of the Oragadam-Sriperumbudur cluster, which has seen strong growth in demand for Grade A assets, was highlighted. This latest expansion was a continuation of the success of ESR Oragadam's initial two phases, which attracted a number of high-quality clients, including electromechanical solutions provider CUBIC, automotive research and development firm A2Mac1, and specialty labelling company CCL. CEO Abhijit Malkani of ESR India stated that ESR's expansion in Oragadam is actually a Grade A industrial building.

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Achieves Sales Value of Rs 400 Bn

On National MSME Day, Vedanta, India’s leading critical minerals, transition metals, energy and technology conglomerate announced that its non-ferrous metals e-store has achieved a staggering Rs 400 billion in total sales value. Operated under the name of Vedanta Metal Bazaar, it is the world’s largest non-ferrous metals e-store offering more than 1200 stock keeping units (SKUs) across metals such as aluminium, zinc, lead and copper. The platform brings ease-of-doing business for customers on their fingertips by providing a streamlined, digital-first solution that enables businesses to pro..

Next Story
Infrastructure Urban

Syensqo Unveils Orange Grades for Key EV Components

Syensqo, a leader in advanced materials and specialty chemicals, proudly announces the launch of its latest innovation, Amodel® PPA HFFR-4133 Orange (OR).This high-performance flame retardant polypthalamide (PPA), distinguished by its stable and vibrant orange color, aligns with the industry's growing emphasis on safety and visibility for critical electric vehicle components, such as connectors and busbars.In the rapidly evolving e-mobility sector, the use of orange-colored connectors has become a crucial safety standard, offering immediate visual identification of live high-voltage component..

Next Story
Infrastructure Urban

Tata Steel Deploys EVs for Customer Deliveries at Sahibabad Plant

Tata Steel, a pioneer in sustainable industrial practices, has taken another significant step forward in its green mobility journey by deploying Tata Motors manufactured electric vehicles (EVs) for customer deliveries from its Sahibabad plant, located in Ghaziabad district of Uttar Pradesh. This marks the first-ever use of Tata Motors made EVs for outbound logistics from a Tata Steel plant location.This initiative is in partnership with M/s AVG Logistics, who will operate Tata Motors-manufactured electric vehicles for deliveries to key customers. This initiative not only reinforces Tata Steelâ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?