+
TVS ILP Signs Rs 2 billion MoU With Karnataka
WAREHOUSING & LOGISTICS

TVS ILP Signs Rs 2 billion MoU With Karnataka

TVS Industrial & Logistics Parks (TVS ILP) has signed a Memorandum of Understanding worth Rs 2 billion with the Government of Karnataka at the Invest Karnataka Conclave 2026, recently held in Bengaluru.

The investment will support the development of tech-enabled industrial and logistics parks across the state, aimed at strengthening manufacturing infrastructure, generating employment, and catering to diverse industry needs.

The move aligns with TVS ILP’s strategy to expand its footprint in southern India, where industrial activity and consumption continue to grow. The company already has a presence across key southern markets and is scaling integrated infrastructure solutions.

Karnataka offers strong industrial fundamentals, supported by extensive road, rail, port, and air connectivity. Ongoing initiatives such as the Bengaluru–Mumbai Economic Corridor are expected to further enhance freight movement and industrial linkages.

TVS ILP currently operates 14 industrial and logistics parks across South India, serving tenants across sectors including e-commerce, manufacturing, FMCG, automobiles and third-party logistics.

TVS Industrial & Logistics Parks (TVS ILP) has signed a Memorandum of Understanding worth Rs 2 billion with the Government of Karnataka at the Invest Karnataka Conclave 2026, recently held in Bengaluru.The investment will support the development of tech-enabled industrial and logistics parks across the state, aimed at strengthening manufacturing infrastructure, generating employment, and catering to diverse industry needs.The move aligns with TVS ILP’s strategy to expand its footprint in southern India, where industrial activity and consumption continue to grow. The company already has a presence across key southern markets and is scaling integrated infrastructure solutions.Karnataka offers strong industrial fundamentals, supported by extensive road, rail, port, and air connectivity. Ongoing initiatives such as the Bengaluru–Mumbai Economic Corridor are expected to further enhance freight movement and industrial linkages.TVS ILP currently operates 14 industrial and logistics parks across South India, serving tenants across sectors including e-commerce, manufacturing, FMCG, automobiles and third-party logistics.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code