TVS ILP unveils expansion plan for Nationwide Warehousing Network

21 Aug 2023 CW Team

TVS Industrial and Logistics Parks (TVS ILP), a division of the TVS Mobility Group that specialises in infrastructure and warehousing, has revealed an ambitious plan for expansion. The company envisions establishing either a warehousing facility or a logistics park every 400 kilometres across the nation. In the initial phase of this endeavour, TVS ILP aims to augment its portfolio of facilities to 20 million square feet within the upcoming three years. This strategic expansion will be fuelled by an investment of approximately $400 million, as announced by a senior executive of the company.

Of the total investment, an approximate sum of $150-175 million is planned to be secured through various equity instruments, according to Nitin Aggarwal, the President of TVS ILP. At present, the company's roster of clients includes TVS Family companies, Alstom, Amazon, Flipkart, Ather Energy, and Agnikul. TVS ILP functions as a joint venture between TVS Supply Chain Solutions, Ravi Swaminathan and Family.

Aligned with the expansion strategy, TVS ILP is poised to extend its presence from 11 cities spanning five states to encompass around 35 cities. Nitin Aggarwal remarked, "Our existing capacity stands at around 10 million square feet, and we are committed to expanding it to 20 million square feet within the next three years. This expansion will necessitate an investment of approximately $400 million." He also indicated that the company is actively considering a range of equity instruments, including private equity investments, to facilitate these growth plans.

Real Estate

30 Jul 2026

AI: The New Recruit

From getting ideas to evaluating designs, presenting concepts to clients and tracking projects, artificial intelligence (AI) is helping architects work better and faster.“AI allows architects to spend more time doing what only they can do: think critically, synthesise complexity and design with intent,” says Dikshu C Kukreja, Managing Principal, CP Kukreja Architects. “Every minute reclaimed from repetitive processes can be invested in creativity, contextual understanding, interdisciplinary collaboration and innovation – the qualities that define meaningful architecture.”To read the ..

Redevelopment 2.0

In 2017, Mumbai identified 160,000 ageing buildings due for structural audit. Close to half of these were in the Western Suburbs. Redeveloping the oldest and structurally weakest of these would help unlock new housing, much needed given the city’s growing population density and constant developed area of 437.7 sq km. At 30,600 people per sq km in 2024, Mumbai’s density was almost thrice that of Gurugram, and 60 per cent higher than Bengaluru’s.Essentially, Mumbai’s realty market has demand. It has capital. It has realty development potential.Fast forward to 2026. Mumbai has 1,094 regis..

Cost intelligence will become a strategic contributor to project success

As India's construction industry accelerates its digital transformation, integrated platforms, AI and connected data are becoming essential to improving cost certainty, project efficiency and sustainability. Ravi Kumar, Sales Director – India, RIB Software India, shares how digital workflows are reshaping project planning, commercial management and decision-making across the construction value chain.India's construction sector is embracing digital technologies at an unprecedented pace. From your perspective, what are the biggest shifts driving this transformation and how is RIB Software enab..