TVS ILP expands presence in eastern markets

15 Apr 2024 CW Team

The upcoming facility spans 24 acres of land, housing two large warehouses totalling 5 lakh square feet, catering sectors like FMCG, FMCD, 3PL, and e-commerce. With its presence at a strategic location at the confluence of the Mumbai and Chennai-Kolkata highways (off NH 55), it enjoys excellent connectivity to the Paradip port and the major parts of the country.

TVS ILP will invest around ?125 Crore in the project and it anticipates its completion by the end of December 2024. The Cuttack logistics park is expected to generate over 110 direct jobs and between 500 to 1,000 indirect employment opportunities in the region.

Additionally, as part of TVS ILP's commitment to sustainability, the logistics park will incorporate green building principles, focusing on energy efficiency, water conservation, and the use of sustainable materials. Plans are underway to certify the park with the Edge Advanced Green Building certification issued by the International Finance Corporation.

Commenting on the development, Manikandan Ramachandran, COO, TVS ILP, said, ?The Choudwar Industrial Estate has immense growth potential, and our new facility aims to enable businesses to efficiently cater to the rapidly growing demand from the eastern part of the country. We look forward to contributing to the region's prosperity by creating meaningful employment opportunities for the local community while building seamless connectivity across various trade points. This facility is a step further in our commitment to build industrial parks every 400 km in India. As the first player to explore the market, we desire to remain steadfast in our aggressive expansion plans into the Eastern markets.?

In addition to the Cuttack project, TVS ILP remains committed to exploring similar opportunities in other Tier-2 towns in Odisha, building on its successful track record as the first national logistics park player to enter the state.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

TVS ILP (a part of TVS Mobility Group), a leader in the warehousing industry, recently broke ground for a new state-of-art warehouse in Cuttack, Odisha. The event marks a significant milestone in the company's expansion efforts in Eastern Markets. The upcoming facility spans 24 acres of land, housing two large warehouses totalling 5 lakh square feet, catering sectors like FMCG, FMCD, 3PL, and e-commerce. With its presence at a strategic location at the confluence of the Mumbai and Chennai-Kolkata highways (off NH 55), it enjoys excellent connectivity to the Paradip port and the major parts of the country. TVS ILP will invest around ?125 Crore in the project and it anticipates its completion by the end of December 2024. The Cuttack logistics park is expected to generate over 110 direct jobs and between 500 to 1,000 indirect employment opportunities in the region. Additionally, as part of TVS ILP's commitment to sustainability, the logistics park will incorporate green building principles, focusing on energy efficiency, water conservation, and the use of sustainable materials. Plans are underway to certify the park with the Edge Advanced Green Building certification issued by the International Finance Corporation. Commenting on the development, Manikandan Ramachandran, COO, TVS ILP, said, ?The Choudwar Industrial Estate has immense growth potential, and our new facility aims to enable businesses to efficiently cater to the rapidly growing demand from the eastern part of the country. We look forward to contributing to the region's prosperity by creating meaningful employment opportunities for the local community while building seamless connectivity across various trade points. This facility is a step further in our commitment to build industrial parks every 400 km in India. As the first player to explore the market, we desire to remain steadfast in our aggressive expansion plans into the Eastern markets.? In addition to the Cuttack project, TVS ILP remains committed to exploring similar opportunities in other Tier-2 towns in Odisha, building on its successful track record as the first national logistics park player to enter the state.

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Real Estate

26 Jun 2026

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

Infrastructure Urban

26 Jun 2026

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..