Pune, 16th August 2024 – KSH INFRA, a leading Pune-based developer specialising in sustainable Industrial & Logistics (I&L) Parks for third-party logistics (3PL), e-commerce, and manufacturing sectors, announces its plan to invest around INR 450 Crores for the development of its first Industrial & Logistics (I&L) Park in southern India. This major project, located in Hosur, Tamil Nadu, strategically near the Karnataka border and Bangalore market, will cover approximately 50 acres and offer a development potential of 1.25 million square feet, setting a new benchmark in the region’s industrial infrastructure.
Situated on the Hosur-Rayakottai Road, near the new Tata Electronics facility, the Hosur I&L Park is poised to become a landmark in the region’s industrial landscape. The project is expected to generate employment for over 1800 people and will attract substantial interest from industrial and warehousing clients seeking state-of-the-art infrastructure over the next 3-4 years.
The Hosur project signifies KSH INFRA’s strategic expansion beyond its home base. The company has established a strong track record, having delivered approximately 4 million square feet of Grade A Industrial & Logistics (I&L) Parks in Pune. This achievement was supported by an investment of over INR 1,200 Crores in developing four Industrial & Logistics (I&L) Parks in Talegaon and Chakan (Maharashtra).
“Logistics parks have become a crucial part of India’s real estate infrastructure, providing businesses with cost savings and improved service quality. This project demonstrates KSH INFRA’s commitment to sustainable development, vision for growth and innovation in the Industrial & Logistics real estate sector,” said Rohit Hegde, Managing Director of KSH INFRA.
He further added, “Our strong financial position enables us to pursue new opportunities in Chennai, Bangalore, and Mumbai while leveraging our established presence in Pune. The advanced stage deals we are pursuing in these markets reflect our dedication to strategic growth and long-term success.”
KSH INFRA’s journey is part of the legacy of the 50+ year-old KSH Group, which has diverse interests in industrial and logistics park development, manufacturing, automobile component distribution, 3PL, and inland container depot (ICD) operations. Its history of successful partnerships with global private equity (PE) firms and developers such as Pacific Century Group, Morgan Stanley, Mapletree, and Indospace, has been instrumental in its growth.
Speaking about the expansion, Sundaresan Vaidyanathan, CEO of KSH INFRA said, “Southern India, particularly Tamil Nadu, is a key industrial powerhouse of the nation, having made significant strides in economic development. As the second wealthiest state by GDP and the most industrialized in India, it represents a prime opportunity for growth,”. He added, “Our growth strategy is meticulously crafted to focus on markets with genuine industrial demand. We are expanding our team in the southern region and will concentrate on the successful delivery of our projects. By actively seeking 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 commitment to sustainable development is rooted in its core philosophy, ‘Inspiring Green Development,’ which guides its mission to minimize environmental impact while bringing prosperity to the surrounding communities. The company is dedicated to designing and constructing high-quality, energy-efficient industrial infrastructure, ensuring long-term savings and timely delivery of their projects.
