+
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

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code