Mahindra Lifespace and Actis Form JV for Chennai Logistics Park
WAREHOUSING & LOGISTICS

Mahindra Lifespace and Actis Form JV for Chennai Logistics Park

Mahindra Lifespace Developers and Actis have announced a joint venture to develop a state-of-the-art industrial logistics park in Chennai. This collaboration aims to address the growing demand for high-quality logistics infrastructure in the region.

The new park will be strategically located to enhance connectivity and operational efficiency for businesses in the area. It is set to feature modern amenities, including advanced warehousing facilities, transportation infrastructure, and sustainable design elements.

This partnership marks a significant investment in Chennai?s industrial real estate sector, underscoring the region's growing importance as a logistics and manufacturing hub. The development is expected to attract major corporations and enhance the area's economic landscape.

Mahindra Lifespace, a leading player in the real estate sector, brings its expertise in sustainable development, while Actis, a prominent investor in emerging markets, adds its investment acumen and regional experience. Together, they aim to create a premier logistics facility that meets the evolving needs of the industry.

The project is anticipated to generate significant employment opportunities and contribute to the region?s economic growth. As the logistics and industrial sectors continue to expand, this joint venture represents a strategic move to support Chennai?s infrastructure development and economic advancement.

Mahindra Lifespace Developers and Actis have announced a joint venture to develop a state-of-the-art industrial logistics park in Chennai. This collaboration aims to address the growing demand for high-quality logistics infrastructure in the region. The new park will be strategically located to enhance connectivity and operational efficiency for businesses in the area. It is set to feature modern amenities, including advanced warehousing facilities, transportation infrastructure, and sustainable design elements. This partnership marks a significant investment in Chennai?s industrial real estate sector, underscoring the region's growing importance as a logistics and manufacturing hub. The development is expected to attract major corporations and enhance the area's economic landscape. Mahindra Lifespace, a leading player in the real estate sector, brings its expertise in sustainable development, while Actis, a prominent investor in emerging markets, adds its investment acumen and regional experience. Together, they aim to create a premier logistics facility that meets the evolving needs of the industry. The project is anticipated to generate significant employment opportunities and contribute to the region?s economic growth. As the logistics and industrial sectors continue to expand, this joint venture represents a strategic move to support Chennai?s infrastructure development and economic advancement.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?