TVS ILP unveils expansion plan for Nationwide Warehousing Network
ECONOMY & POLICY

TVS ILP unveils expansion plan for Nationwide Warehousing Network

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.

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.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code