TVS ILP Signs MoU for Siliguri Logistics Park Expansion
WAREHOUSING & LOGISTICS

TVS ILP Signs MoU for Siliguri Logistics Park Expansion

TVS Industrial & Logistics Parks has signed a Memorandum of Understanding (MoU) for 10 acres of land in Siliguri, West Bengal, to develop a logistics park and strengthen its East India presence.

Strategically positioned as the gateway to Northeast India, Siliguri offers multimodal connectivity and access to key domestic and international trade corridors, including Nepal, Bhutan and Bangladesh. The proposed development is expected to support regional logistics efficiency, boost organised Grade A warehousing, and contribute to local employment generation.

Commenting on the development, Ramnath Subramaniam said, “West Bengal is an important market for industrial and logistics growth, supported by its strategic location and strong regional connectivity. Siliguri plays a critical role as a gateway to Northeast India and neighbouring international markets, making it a highly relevant logistics hub.”

The company noted that sectors such as e-commerce, FMCG, pharmaceuticals and regional distribution networks are driving demand for organised warehousing infrastructure in the region. The investment also marks TVS ILP’s second major investment in West Bengal and follows its earlier MoUs with the governments of Telangana and Karnataka as part of its broader national expansion strategy.


"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

TVS Industrial & Logistics Parks has signed a Memorandum of Understanding (MoU) for 10 acres of land in Siliguri, West Bengal, to develop a logistics park and strengthen its East India presence.Strategically positioned as the gateway to Northeast India, Siliguri offers multimodal connectivity and access to key domestic and international trade corridors, including Nepal, Bhutan and Bangladesh. The proposed development is expected to support regional logistics efficiency, boost organised Grade A warehousing, and contribute to local employment generation.Commenting on the development, Ramnath Subramaniam said, “West Bengal is an important market for industrial and logistics growth, supported by its strategic location and strong regional connectivity. Siliguri plays a critical role as a gateway to Northeast India and neighbouring international markets, making it a highly relevant logistics hub.”The company noted that sectors such as e-commerce, FMCG, pharmaceuticals and regional distribution networks are driving demand for organised warehousing infrastructure in the region. The investment also marks TVS ILP’s second major investment in West Bengal and follows its earlier MoUs with the governments of Telangana and Karnataka as part of its broader national expansion strategy.

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement