KSH Infra to invest over Rs 550 crore in 60-acre logistics park in Tamil Nadu
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Warehousing and logistic parks developer KSH Infra is planning to invest more than Rs 550 crore to build its second industrial and logistics (I&L) park in Tamil Nadu, boosting its total investment in the state to more than Rs 1,000 crore.The company forayed into south India last year, with an investment of more than Rs 450 crore to develop its first park on a 50-acre land parcel in Hosur The second warehousing facility spanning 60 acres will be built in the Sriperumbudur-Oragadam corridor with a development potential of 1.6 million sq ft, adding to the 1.25 million sq ft at Hosur park.'At KSH Infra, we began with a vision to build Industrial & Logistics parks across four key cities like Pune, Mumbai, Bangalore, and Chennai,' said Rohit Hegde, managing director, KSH Infra. 'With our presence established in three of these markets, we are on our way to realising that vision. Over the next 2 to 3 years, our goal is to scale up to over 10 million square feet of high-quality, sustainable infrastructure across these high-growth corridors.'Construction of the new park is likely to begin by March-April 2026, and the development is estimated to generate over 1,500 jobs.The project will cater to evolving needs of global and domestic manufacturers, particularly across the automotive, electronics, and engineering sectors.The Sriperumbudur–Oragadam belt is already home to manufacturers like Hyundai, Essar Steel, Apollo Tyres , Michelin, Bridgestone, MRF , Foxconn, Flextronics, Dell, Samsung and Nokia. The location is fast evolving into a multi-sectoral industrial cluster.KSH Infra has so far invested more than Rs 2,000 crore in developing six industrial and logistics parks, with around 4 million sq ft grade A space successfully developed in Pune's Talegaon and Chakan areas. An additional around 3 million sq ft is currently under development.The company has previously raised capital from key global investors such as Hong Kong's Pacific Century Group, US-based Morgan Stanley Real Estate Investing (MSREI), and Singapore's Mapletree Investments, and India's IndoSpace.Investments in the industrial & logistics segment have remained strong led by rising demand for this asset class supported by the ongoing decentralisation of manufacturing capacity from China, coupled with government initiatives such as 'Make in India' and 'Production Linked Incentive (PLI) schemes.A favourable regulatory backdrop along with the government's support through policy and reforms are further expected to boost infrastructure spending, and in turn overall demand for modern logistics facilities.Confidence among developers, owners, operators, and investors in this asset class has remained high, owing to the rapidly increasing need for last-mile deliveries and logistics.
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