ESR Buys Pune Land For Rs 6.5 Billion Industrial Park

05 Dec 2025 CW Team

With a development potential of 1.35 million sq ft, the project will comprise six Grade-A industrial and logistics buildings designed for sectors including automotive, FMCG, logistics, e-commerce and advanced manufacturing.

Abhijit Malkani, CEO of ESR India, said India’s strong economic growth and rapid manufacturing expansion continue to drive demand for high-quality industrial infrastructure. Maharashtra, he noted, remains one of ESR’s fastest-growing markets, supported by a robust talent ecosystem and strong long-term industrial prospects.

Malkani added that the ESR Talegaon Industrial & Logistics Park aims to improve connectivity, boost supply chain efficiency and offer sustainable infrastructure that creates long-term value for occupiers and surrounding communities.

The Talegaon site benefits from strong connectivity through NH-48, the Mumbai–Pune Expressway and the new Talegaon–Chakan Road, providing direct access to Mumbai, Pune, Jawaharlal Nehru Port and major manufacturing hubs. The strategic location and skilled local workforce make it well suited for industrial and logistics operations.

ESR has built a significant presence across western India, operating modern industrial and logistics parks across 480 acres from Ahmedabad to major hubs in Maharashtra such as Nagpur, Ranjangaon, Chakan, Taloja and Bhiwandi.

The Talegaon acquisition comes shortly after ESR purchased an 85-acre land parcel in Hosur, Tamil Nadu, to develop a 2.1-million-sq-ft industrial and manufacturing park. ESR now operates 24 industrial and logistics parks across India.

India’s manufacturing upcycle — driven by Make in India, localisation efforts and a shift towards high-value exports — is drawing strong investor interest in compliant, modern industrial and logistics infrastructure. Pune, in particular, has become a fast-growing manufacturing hub, fuelling demand for Grade-A warehousing and factory space.

ESR’s latest investment highlights continued confidence in India’s expanding industrial corridors and the sustained need for world-class logistics infrastructure.

ESR, a leading Asia–Pacific real asset owner and manager, has acquired a 60-acre land parcel in Talegaon, Pune, to develop a large-scale industrial and logistics park with an estimated investment of around Rs 6.5 billion, strengthening its aggressive India expansion strategy. With a development potential of 1.35 million sq ft, the project will comprise six Grade-A industrial and logistics buildings designed for sectors including automotive, FMCG, logistics, e-commerce and advanced manufacturing. Abhijit Malkani, CEO of ESR India, said India’s strong economic growth and rapid manufacturing expansion continue to drive demand for high-quality industrial infrastructure. Maharashtra, he noted, remains one of ESR’s fastest-growing markets, supported by a robust talent ecosystem and strong long-term industrial prospects. Malkani added that the ESR Talegaon Industrial & Logistics Park aims to improve connectivity, boost supply chain efficiency and offer sustainable infrastructure that creates long-term value for occupiers and surrounding communities. The Talegaon site benefits from strong connectivity through NH-48, the Mumbai–Pune Expressway and the new Talegaon–Chakan Road, providing direct access to Mumbai, Pune, Jawaharlal Nehru Port and major manufacturing hubs. The strategic location and skilled local workforce make it well suited for industrial and logistics operations. ESR has built a significant presence across western India, operating modern industrial and logistics parks across 480 acres from Ahmedabad to major hubs in Maharashtra such as Nagpur, Ranjangaon, Chakan, Taloja and Bhiwandi. The Talegaon acquisition comes shortly after ESR purchased an 85-acre land parcel in Hosur, Tamil Nadu, to develop a 2.1-million-sq-ft industrial and manufacturing park. ESR now operates 24 industrial and logistics parks across India. India’s manufacturing upcycle — driven by Make in India, localisation efforts and a shift towards high-value exports — is drawing strong investor interest in compliant, modern industrial and logistics infrastructure. Pune, in particular, has become a fast-growing manufacturing hub, fuelling demand for Grade-A warehousing and factory space. ESR’s latest investment highlights continued confidence in India’s expanding industrial corridors and the sustained need for world-class logistics infrastructure.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Equipment

10 Mar 2026

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

Equipment

10 Mar 2026

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..