TVS ILP expands into Kerala with Kochi facility acquisition

The new facility spans 3 lakh sq. ft., making TVS ILP the first pan-India developer to enter the Kerala market.

Update: 2024-09-20 11:42 GMT
Click the Play button to listen to article

TVS Industrial & Logistics Parks (TVS ILP), a leading developer of industrial and logistics parks in India, has announced its expansion into Kerala with the acquisition of a state-of-the-art facility in Kochi. The new facility spans 3 lakh sq. ft., making TVS ILP the first pan-India developer to enter the Kerala market, solidifying its position as a leader in Grade A industrial infrastructure development across the country. Located on a 10-acre site in Edayar, Kerala, the warehouse boasts a strategic location, offering excellent connectivity for its customers, according to an official release from TVS ILP.

TVS ILP’s new Kochi Park is designed with a focus on operational efficiency and sustainability. The facility features ample parking areas suitable for 24/7 operations, a high clear height of 12 meters, LED lighting, and facilities equipped with solar panel installations, the release added.

“Our expansion into Kerala represents a pivotal milestone in our journey to broaden our national footprint. By being the first pan-India developer to establish a presence in this vibrant market, we want to capitalise on the first-mover advantage in tier-2 markets. This expansion allows us to support the local economy through job creation and aligns with Kerala’s forthcoming industrial policies, which are set to boost the business environment and attract further investments. We are excited to contribute to Kerala’s evolution into a leading logistics hub in India,” says Aditi Kumar, Executive Director, TVS ILP.

Tags:    

Similar News