Construction Industry News
KSH INFRA has unveiled plans to invest approximately Rs 450 crores in the development of its first industrial & logistics (I&L) park in southern India. This significant project will be situated in Hosur, Tamil Nadu, strategically positioned near the Karnataka border and the Bangalore market. Spanning around 50 acres, the park will offer a development potential of 1.25 million sq-ft, establishing a new standard for industrial infrastructure in the region.
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.”
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.”
