The new project will be around 50 acres in size and have 1.25 million square feet of development potential, which will be a first for the area. infrastructure for industry.
The project is anticipated to create jobs for more than 1800 individuals and will draw significant attention from clients looking for top-notch, cutting-edge infrastructure. within the next two to three years.
Pune, August 14, 2024 — Leading Pune-based developer KSH INFRA, which specializes in building sustainable Industrial & Logistics (I&L) Parks for the manufacturing, e-commerce, and third-party logistics (3PL) sectors, has announced plans to invest over INR 450 crores for the in southern India, the creation of its first Industrial & Logistics (I&L) Park. This major project, situated in Hosur, Tamil Nadu, and strategically close to the border with Karnataka, Bangalore market, which would have possibilities for expansion, will occupy about 50 acres. spanning 1.25 million square feet, creating a new standard for the industrial infrastructure.
The Hosur I&L Park, which is close to the new Tata Electronics complex on the Hosur-Rayakottai Road, has the potential to be a prominent feature in the industrial landscape of the area. Over 1800 individuals are anticipated to find work as a result of the project, which will also draw significant demand from companies in the industrial and warehousing sectors looking for cutting-edge infrastructure throughout the next four years.
KSH INFRA’s strategic growth beyond its home base is symbolized by the Hosur project.
Having completed the construction of almost 4 million square feet of Grade A Industrial & Logistics (I&L) Parks in Pune, the business has a proven track record. This accomplishment was bolstered by a more than INR 1,200 Crore investment in creating four Industrial & Logistics (I&L) Parks located in Maharashtra’s Talegaon and Chakan.
“Logistics parks offer businesses enhanced service quality and cost savings, making them an essential component of India’s real estate infrastructure.” This project exemplifies KSH INFRA’s dedication to innovation, growth, and sustainable development. in the real estate market for industrial and logistics,” remarked Rohit Hegde, managing director of KSH INFRA.
He went on, “We can take advantage of our established presence in Pune and pursue new opportunities in Chennai, Bangalore, and Mumbai thanks to our strong financial position.”
The latter stage transactions we are pursuing in these areas demonstrate our commitment to long-term prosperity and strategic expansion.”
The 50+ year-old KSH Group, which has a variety of interests in manufacturing, inland container depot (ICD) operations, automotive component distribution, industrial and logistics park construction, and 3PL, is responsible for part of KSH INFRA’s heritage. Its background of productive alliances with international developers and private equity (PE) businesses such Morgan Stanley, Mapletree, Indospace, and Pacific Century Group have been essential to its expansion.
“Southern India, particularly Tamil Nadu, is a key industrial powerhouse of the nation, having made significant strides in economic development,” stated Sundaresan Vaidyanathan, CEO of KSH INFRA, in reference to the expansion. Being the second most affluent state in terms of GDP and the most developed in India, hence it offers a fantastic chance for expansion “. “Our growth strategy is carefully crafted to focus on markets,” he continued. with actual industry need. Our staff is growing in the southern area, and will focus on completing our initiatives successfully. By proactively looking for opportunities in southern cities and Maharashtra, we remain dedicated to providing top- tier industrial infrastructure that meets the evolving needs of our clients.”
KSH INFRA’s core idea, “Inspiring Green Development,” serves as the cornerstone of its commitment to sustainable development and directs its goal of minimizing environmental impact while fostering prosperity in the local communities. The company is devoted to creating and constructing exceptional, energy-efficient commercial infrastructure, ensuring ongoing cost savings and on-time project completion.
Concerning KSH INFRA
KSH INFRA’s focus on promoting growth and sustainability is indicative of their dedication to creating world-class industrial parks and logistical infrastructure. Having provided more than 2.2 million square feet of superior industrial and logistical space in the past KSH INFRA is prepared to increase its presence in important Indian markets thanks to its assets, with a development of more than 10 million square feet is the goal for the following five years.
The goal of KSH INFRA’s industrial and logistics parks is to reduce environmental impact and ease community stress by designing them to be greener, leaner, and more efficient. Their fundamental tenet is to “drive sustainability and innovation to inspire a green industrial future.” Accelerating impact—directs all aspects of their endeavors. The business is committed to guaranteeing long-term cost reductions and the prompt completion of challenging projects, stressing their dedication to the industry’s innovation and quality.
