IndoSpace announced the launch of two parks in Tamil Nadu

26 Jun 2021 CW Team

IndoSpace Industrial and Logistics Park Vallam II is located on State Highway 57 and is spread across 50 acres within the State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) area. The fully-compliant Grade A park allows businesses to cater to Chennai’s western and southern belts via the Outer Ring Road. The park offers smooth connectivity to Vallam, Oragadam, Irungattukottai and Sriperumbudur.

IndoSpace Industrial and Logistics Park Oragadam III, spread across 68 acres, is located off State Highway 48. The park offers superior connectivity to Chennai city through the Outer Ring Road. It is also close to the established industrial and automobile hub of Oragadam and the Sriperumbudur micro-market.

Both parks will cater to original equipment manufacturers like Yamaha, Hyundai, Royal Enfield, Nissan, Daimler and Foxconn, which are amongst the most prominent industrial entities in these regions.

Rajesh Jaggi, Vice Chairman-Real Estate, Everstone Group, said: “As a pan-India developer, we strive to provide modern logistics and warehousing facilities across strategic and significant locations. The launch of these two parks embodies IndoSpace’s rapid strides towards building a strong foundation for Grade A logistics infrastructure across the country. We focus on providing world-class, compliant and environment-friendly facilities that are designed and built in line with the latest global trends and technology. Last year was significant for us – we entered new markets and expanded in the ones we are in already. We wish to maintain the same momentum this year.”

IndoSpace has a portfolio of 43 million square feet across developed and under-construction projects spanning 41 industrial and logistics parks in nine cities.

IndoSpace is the pioneer and largest investor, developer and manager of Grade A industrial and logistics real estate in India and has taken total commitment to India to above US$ 3.2 billion.

On 23 June, IndoSpace announced the launch of two parks, Vallam II and Oragadam III in Tamil Nadu, with a combined area of 118 acres. The parks will boost IndoSpace’s footprint across strategically significant regions and are a step towards its long-term goal of creating 120 million square feet of modern logistics infrastructure across India. IndoSpace Industrial and Logistics Park Vallam II is located on State Highway 57 and is spread across 50 acres within the State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) area. The fully-compliant Grade A park allows businesses to cater to Chennai’s western and southern belts via the Outer Ring Road. The park offers smooth connectivity to Vallam, Oragadam, Irungattukottai and Sriperumbudur. IndoSpace Industrial and Logistics Park Oragadam III, spread across 68 acres, is located off State Highway 48. The park offers superior connectivity to Chennai city through the Outer Ring Road. It is also close to the established industrial and automobile hub of Oragadam and the Sriperumbudur micro-market. Both parks will cater to original equipment manufacturers like Yamaha, Hyundai, Royal Enfield, Nissan, Daimler and Foxconn, which are amongst the most prominent industrial entities in these regions. Rajesh Jaggi, Vice Chairman-Real Estate, Everstone Group, said: “As a pan-India developer, we strive to provide modern logistics and warehousing facilities across strategic and significant locations. The launch of these two parks embodies IndoSpace’s rapid strides towards building a strong foundation for Grade A logistics infrastructure across the country. We focus on providing world-class, compliant and environment-friendly facilities that are designed and built in line with the latest global trends and technology. Last year was significant for us – we entered new markets and expanded in the ones we are in already. We wish to maintain the same momentum this year.” IndoSpace has a portfolio of 43 million square feet across developed and under-construction projects spanning 41 industrial and logistics parks in nine cities. IndoSpace is the pioneer and largest investor, developer and manager of Grade A industrial and logistics real estate in India and has taken total commitment to India to above US$ 3.2 billion.

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Infrastructure Energy

04 May 2026

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Infrastructure Urban

04 May 2026

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..