KSH INFRA, a Pune-based developer of sustainable Industrial and Logistics (I&L) Parks, is investing INR 450 Crores to develop its first I&L Park in Hosur, Tamil Nadu, covering 50 acres with 1.25 million square feet of development potential. The project, near the Karnataka border and Bangalore market, will create over 1,800 jobs and attract industrial and warehousing clients. This expansion marks KSH INFRA's move beyond Pune, where it has already developed 4 million square feet of I&L Parks. The company's strong financial position enables it to pursue further opportunities in Chennai, Bangalore, and Mumbai.
KSH INFRA, a developer based in Pune, specialising in sustainable Industrial and Logistics (I&L) Parks, has announced its intention to invest approximately INR 450 crores in the development of its first Industrial and Logistics Park in southern India. This significant project will be located in Hosur, Tamil Nadu, strategically positioned near the Karnataka border and the Bangalore market. Spanning roughly 50 acres, the Hosur I&L Park will offer a development potential of 1.25 million square feet, setting a new standard for industrial infrastructure in the region.
The Hosur I&L Park will be situated along the Hosur-Rayakottai Road, in close proximity to the new Tata Electronics facility. This project is set to become a landmark in the region's industrial landscape, attracting considerable interest from industrial and warehousing clients who seek cutting-edge infrastructure. Over the next 3-4 years, the park is expected to generate employment for more than 1,800 people, further boosting the local economy and reinforcing the region's industrial capabilities.
This project marks KSH INFRA's strategic expansion beyond its established base in Pune, where the company has already developed a strong track record. KSH INFRA has successfully delivered approximately 4 million square feet of Grade A Industrial and Logistics Parks in Pune, with these achievements supported by an investment of over INR 1,200 crores in the development of four I&L Parks located in Talegaon and Chakan in Maharashtra. This solid foundation has enabled the company to pursue growth opportunities in other major markets across India.
Rohit Hegde, Managing Director of KSH INFRA, highlighted the importance of logistics parks in the broader landscape of India's real estate infrastructure. He noted that logistics parks have become a vital component of India's real estate infrastructure, offering businesses cost savings and enhanced service quality. This project exemplifies KSH INFRA's commitment to sustainable development, growth, and innovation in the Industrial and Logistics real estate sector.
He further elaborated on the company's growth strategy, explaining that their strong financial position allows them to explore new opportunities in Chennai, Bangalore, and Mumbai, while also leveraging their established presence in Pune. The advanced stage deals being pursued in these markets underscore the company's commitment to strategic growth and long-term success. These remarks underline KSH INFRA's ambitious plans to expand its footprint across key markets in India, capitalising on its robust financial health and strategic acumen.
KSH INFRA's journey is part of the broader legacy of the KSH Group, a diversified conglomerate with over 50 years of history. The KSH Group has varied interests spanning industrial and logistics park development, manufacturing, automobile component distribution, third-party logistics (3PL), and inland container depot (ICD) operations. The group's successful partnerships with leading global private equity (PE) firms and developers such as Pacific Century Group, Morgan Stanley, Mapletree, and Indospace have been instrumental in driving its growth and establishing its reputation in the market.
In summary, the Hosur I&L Park project not only represents a significant milestone in KSH INFRA's expansion strategy but also highlights the company's commitment to developing state-of-the-art, sustainable industrial infrastructure in India. With its strong track record and strong financial position, KSH INFRA is well-positioned to capitalise on new opportunities and continue its trajectory of growth and success in the rapidly evolving Industrial and Logistics real estate sector.
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