Alta Cap's EcoBox Industrial Acquires Land for Logistics Development
WAREHOUSING & LOGISTICS

Alta Cap's EcoBox Industrial Acquires Land for Logistics Development

EcoBox Industrial Parks, an operating platform newly established by Logicap Advisors, has acquired 50 acres of land in Chennai’s Mannur locality for greenfield logistics development. This marks the first land deal of the year for the company, which is backed by Alta Capital. EcoBox plans to develop industrial and logistics facilities spanning 1.2 million sq ft, with an investment of over Rs 400 crore. The site, located just 3 km from State Highway 50, is strategically positioned to meet the increasing demand for modern industrial and logistics infrastructure.

Ashish Shah, CEO of EcoBox Industrial Parks, explained, “Mannur’s prime location and excellent connectivity make it an ideal choice for expanding our industrial infrastructure. This acquisition is a critical step in bolstering our presence in India’s key industrial regions.”

EcoBox Industrial Parks now manages 4.8 million sq ft of industrial space, following its recent acquisitions, including 3.6 million sq ft of industrial assets from IndoSpace in Ranjangaon and Sri City near Chennai. The Mannur site adds significantly to its portfolio, which continues to grow since its formation in 2024.

EcoBox Industrial Parks, an operating platform newly established by Logicap Advisors, has acquired 50 acres of land in Chennai’s Mannur locality for greenfield logistics development. This marks the first land deal of the year for the company, which is backed by Alta Capital. EcoBox plans to develop industrial and logistics facilities spanning 1.2 million sq ft, with an investment of over Rs 400 crore. The site, located just 3 km from State Highway 50, is strategically positioned to meet the increasing demand for modern industrial and logistics infrastructure. Ashish Shah, CEO of EcoBox Industrial Parks, explained, “Mannur’s prime location and excellent connectivity make it an ideal choice for expanding our industrial infrastructure. This acquisition is a critical step in bolstering our presence in India’s key industrial regions.” EcoBox Industrial Parks now manages 4.8 million sq ft of industrial space, following its recent acquisitions, including 3.6 million sq ft of industrial assets from IndoSpace in Ranjangaon and Sri City near Chennai. The Mannur site adds significantly to its portfolio, which continues to grow since its formation in 2024.

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