TVS ILP to invest Rs 2 billion for Indore logistics park development
WAREHOUSING & LOGISTICS

TVS ILP to invest Rs 2 billion for Indore logistics park development

TVS Industrial & Logistics Parks (TVS ILP) is set to enter the Indore market with a Rs 2 billion investment to develop a Grade-A logistics park. The company recently acquired 20 acres in Pithampur Sector 7 from the Madhya Pradesh Industrial Development Corporation (MPIDC), aiming to meet the region’s growing demand for premium warehousing solutions. This initiative is projected to create over 1,000 jobs, boosting local economic growth and enhancing the market for regional products.

Strategically located 25 kilometers from Indore along National Highway 47, the new logistics park will benefit from the city’s central position in India, enabling streamlined nationwide distribution. Known as a SMART city and industrial hub, Indore attracts businesses focused on optimizing supply chains, especially in key sectors like automotive, heavy engineering, textiles, and manufacturing.

The facility will feature state-of-the-art, tech-driven warehouses designed to international standards, catering to industries such as e-commerce, retail, and FMCG. This infrastructure will enhance operational efficiency and sustainability for businesses operating in the area.

Dr Ramnath Subramaniam, CEO, TVS ILP, noted, “Madhya Pradesh has the potential to become a logistics hub due to its central location and connectivity. Our expansion into Indore aligns with TVS ILP’s goal to lead in tech-enabled infrastructure solutions. This new facility will provide global and domestic customers with a strategically positioned base to strengthen their market presence.”

(ET)

TVS Industrial & Logistics Parks (TVS ILP) is set to enter the Indore market with a Rs 2 billion investment to develop a Grade-A logistics park. The company recently acquired 20 acres in Pithampur Sector 7 from the Madhya Pradesh Industrial Development Corporation (MPIDC), aiming to meet the region’s growing demand for premium warehousing solutions. This initiative is projected to create over 1,000 jobs, boosting local economic growth and enhancing the market for regional products. Strategically located 25 kilometers from Indore along National Highway 47, the new logistics park will benefit from the city’s central position in India, enabling streamlined nationwide distribution. Known as a SMART city and industrial hub, Indore attracts businesses focused on optimizing supply chains, especially in key sectors like automotive, heavy engineering, textiles, and manufacturing. The facility will feature state-of-the-art, tech-driven warehouses designed to international standards, catering to industries such as e-commerce, retail, and FMCG. This infrastructure will enhance operational efficiency and sustainability for businesses operating in the area. Dr Ramnath Subramaniam, CEO, TVS ILP, noted, “Madhya Pradesh has the potential to become a logistics hub due to its central location and connectivity. Our expansion into Indore aligns with TVS ILP’s goal to lead in tech-enabled infrastructure solutions. This new facility will provide global and domestic customers with a strategically positioned base to strengthen their market presence.” (ET)

Next Story
Infrastructure Urban

India Warehousing Show Concludes with Record Participation

The 14th edition of the India Warehousing Show (IWS) 2025 wrapped up successfully at Yashobhoomi (IICC), Dwarka, drawing over 300 exhibitors from 15 countries and welcoming more than 15,000 visitors from India and abroad. As the country’s leading platform for warehousing and supply-chain excellence, the event highlighted cutting-edge technologies, sustainable solutions, and new product innovations that are reshaping the logistics sector.The show was inaugurated by Shri Pankaj Kumar, Joint Secretary – Logistics, DPIIT, Ministry of Commerce and Industry, Government of India, who delivered a ..

Next Story
Infrastructure Urban

Hindustan Zinc Launches Inclusive Language Guide to Promote Workplace Diversity

Udaipur, 3rd July 2025: Hindustan Zinc Limited (NSE: HINDZINC), the world’s largest integrated zinc producer, has made a significant stride towards enhancing workplace equity with the launch of its Guidebook to Inclusive Language. This move underscores the company’s strong commitment to creating a respectful, diverse, and inclusive work environment. The guidebook serves as a framework to encourage inclusive communication, promote sensitivity towards various communities, and support equitable practices throughout the organization.The Guidebook was launched on Hindustan Zinc’s homegrown #Z..

Next Story
Infrastructure Urban

BharatBenz Launches New Mining Range to Support India’s Infra Growth

Chennai, India: The Indian construction and mining equipment sector is set to grow significantly, projected to increase from $16 billion to $45 billion by 2030. To support this expansion, Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, has launched its all-new BharatBenz Construction and Mining range. This range includes the HX and Torqshift series models, designed to meet the critical demand for reliable, high-performance vehicles as large contractors modernise their fleets and invest in owned assets.The HX and Torqshift series have undergone rigorous ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?