TVS ILP aims to raise $100 million via warehouse InvIT

26 Apr 2023 CW Team

TVS Industrial and Logistics Parks (TVS ILP), a branch of TVS Group's logistics company TVA (TVS) Supply Chain Solutions, has begun to monetize the warehouses it develops and administers through an Infrastructure investment trust (InvIT). The proposed monetization might result in TVS ILP raising up to $ 100 million through the trust.

To establish up the InvIT and aid in fund raising, TVS is collaborating with investment banks Axis Capital and Kotak Mahindra Capital.

The InvIT plans are still in the early phases of development, with the specifics of the InvIT Organization and the assets to be transferred still being worked out.

According to the official, they have a warehouse area of around 7 million square feet that is functioning. The portfolio will be managed by an InvIT, and they hope to raise up to $100 million.

The group expects another 3 million square feet to be operational by the end of the year, and that these assets would be added to the InvIT after the asset operations are established. The company plans to increase its storage portfolio to 20 million square feet in the next three to four years.

“As we expand, we continue to look in to different ways to earn money to fund our projects, and among other things, we are also thinking about the possibility of releasing an InvIT. The figures you provided in the E-Mail, however, are inappropriate because the specifics are still being worked out,” said Manikandan R, COO of TVS Industrial & Logistics Parks.

A 50/50 joint venture between TVS Supply Chain Solutions Ltd. and Ravi Kumar Swaminathan & Associates created TVS ILP in 2005. The UK government's development financing branch, British International Investments, formerly known as the CDC Group, invested equity capital of 250 crores and acquired 40% ownership in the company in March 2021, with the other two shareholders controlling around 30% of the company each.

Around 28% of TVS ILP's revenues, as determined by the October Care Ratings evaluation, originate from TVS Supply Chain Solutions.

TVS ILP develops and rents industrial warehouses and logistics infrastructure parks. Its current customer is made up of six States and includes people who work in the agricultural, FMCG, automotive, and e-commerce industries.

TVS ILP's development and leasing activities are focused on industrial warehouse facilities and logistics infrastructure parks. Its current clientele comprises individuals in the automotive, FMCG, e-commerce, and agriculture industries, and it is distributed across six states. TVS Industrial and Logistics Parks (TVS ILP), a branch of TVS Group's logistics company TVA (TVS) Supply Chain Solutions, has begun to monetize the warehouses it develops and administers through an Infrastructure investment trust (InvIT). The proposed monetization might result in TVS ILP raising up to $ 100 million through the trust. To establish up the InvIT and aid in fund raising, TVS is collaborating with investment banks Axis Capital and Kotak Mahindra Capital. The InvIT plans are still in the early phases of development, with the specifics of the InvIT Organization and the assets to be transferred still being worked out. According to the official, they have a warehouse area of around 7 million square feet that is functioning. The portfolio will be managed by an InvIT, and they hope to raise up to $100 million. The group expects another 3 million square feet to be operational by the end of the year, and that these assets would be added to the InvIT after the asset operations are established. The company plans to increase its storage portfolio to 20 million square feet in the next three to four years. “As we expand, we continue to look in to different ways to earn money to fund our projects, and among other things, we are also thinking about the possibility of releasing an InvIT. The figures you provided in the E-Mail, however, are inappropriate because the specifics are still being worked out,” said Manikandan R, COO of TVS Industrial & Logistics Parks. A 50/50 joint venture between TVS Supply Chain Solutions Ltd. and Ravi Kumar Swaminathan & Associates created TVS ILP in 2005. The UK government's development financing branch, British International Investments, formerly known as the CDC Group, invested equity capital of 250 crores and acquired 40% ownership in the company in March 2021, with the other two shareholders controlling around 30% of the company each. Around 28% of TVS ILP's revenues, as determined by the October Care Ratings evaluation, originate from TVS Supply Chain Solutions. TVS ILP develops and rents industrial warehouses and logistics infrastructure parks. Its current customer is made up of six States and includes people who work in the agricultural, FMCG, automotive, and e-commerce industries. See also: TVS Industrial and Logistic Parks plans to double its portfolio RIL builds a $2.4–$3 billion Infra Investment Trust

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

Real Estate

17 Sep 2025

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

Infrastructure Transport

17 Sep 2025

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..