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TVS ILP targets 3 million sq ft portfolio in Southern India by 2025

TVS Industrial and Logistics Parks (TVS ILP) plans to expand its portfolio to 3 million sq ft by 2025, with a focus on southern India. Currently holding 10 million sq ft, the company aims for $100 million in annual revenues over the next five years. Recent acquisitions in Andhra Pradesh, Tamil Nadu, and Madhya Pradesh align with TVS ILP s strategy to build and expand industrial and logistics parks in key Tier 1 and Tier 2 cities across South, East, and Central India.

London-based Lingotto picks up 21% stake in TVS ILP for INR 245 cr, ET Auto

The partnership has been set in motion through a secondary stake sale by an existing investor, British International Investment (previously CDC) - the UK’s development finance institution, said TVS ILP, part of TVS Mobility Group.

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