TVS ILP enters Andhra Pradesh with 3 lakh sqft facility in Vijayawada

TVS ILP is the first corporate Grade A developer to establish a presence in Vijayawada, Andra Pradesh.

Update: 2024-09-05 15:42 GMT
Click the Play button to listen to article

TVS Industrial and Logistics Parks (TVS ILP) has expanded into the heart of Andhra Pradesh with a state-of-the-art warehousing facility in Vijayawada.

Spanning 13 acres, this new warehouse represents TVS ILP's commitment to enhancing the logistics landscape in South India by offering top-tier infrastructure tailored to meet the evolving needs of various industries. With a built-up area of 3.2 lakh square feet, the warehouse's strategic location offers excellent connectivity to the airport, railway station, and to National & State Highways.

Vijayawada, a key hub in South India, has long been recognized for its strategic location and robust connectivity, making it an ideal location for industrial growth. The city’s growing domestic consumption coupled with the growth of the industrial sectors, including agriculture, food-processing, textiles, and pharmaceuticals, are catalyst to the rising demand in warehousing and industrial space in the city. Andra Pradesh has recently received significant support from the central government, which is expected to boost development in the state.

This facility positions the company as the first corporate Grade A player to establish a presence in this booming market. Additionally, the region benefits from a skilled labour force, which further enhances its appeal as a logistics and warehousing destination.

The facility focuses on sustainability with features such as rooftop solar power, rainwater harvesting systems, a green belt, and landscaped areas. Designed to offer a reliable and efficient solution for businesses, the warehouse is equipped with 24/7 support, CCTV surveillance, FM2-compliant floors capable of supporting five tons per square meter, modern water treatment systems, and NBC-standard firefighting systems. This state-of-the-art facility is ideally suited for industries such as FMCG, pharmaceuticals, food processing, textiles, and logistics, ensuring that diverse sectors have access to top-tier warehousing solutions.

Aditi Kumar, Executive Director, TVS ILP, said, “TVS ILP's entry into the Andhra Pradesh market aligns with the state’s growing significance to become a logistics hub. It is also in line with our strategy to expand in the eastern corridor of India. As the first corporate developer to establish a Grade A facility in the region, we are poised to meet the rising demand for high-quality warehousing solutions. TVS ILP’s presence in Vijayawada is set to support the growth of various industries by providing them with advanced, sustainable, and efficient infrastructure.”

The Vijayawada facility is one of several strategic locations that TVS ILP has developed among other places in the country, including facilities in, Pune, Coimbatore, Bhubaneshwar, Madurai. TVS ILP’s evolution and expansion across 42 locations in 17 states underline its commitment to building India’s industrial landscape.

Tags:    

Similar News