IndoSpace plans to set 2 logistics parks, to invest Rs 580 crore
The industrial park and warehouse developer IndoSpace has plans to invest Rs 580 crore to develop two new logistic parks spread over 76 acres in Karnataka. This would be part of the Memorandum of Understanding (MoU) signed with the state government.
The parks would be focused on industries like automobiles and electronics and will offer 1.8 million sq ft of development potential.