3 million sq ft portfolio targeted by TVS ILP
TVS Industrial & Logistics Parks Private Limited (TVS ILP) has plans to build a sizeable portfolio of 3 million sq ft by 2025. The key focus would be on southern India. As per the firm Southern region constitutes 60% of their comprehensive land bank portfolio, signifying a substantial presence, while the Eastern region, poised for significant growth, contributes 40%.
Currently holding 10 million sq ft, the company aims for $100 million in annual revenues over the next 5 years. TVS ILP has recently acquired space in Andhra Pradesh, Tamil Nadu, and Madhya Pradesh which aligns with its strategy to build and expand industrial and logistics parks in key Tier 1 and Tier 2 cities across South, East, and Central India.
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