Rs. 1,500 crore allocated to expand footprint in 30 cities by 2027

To strengthen its footprint, TVS Industrial and Logistics Park (ILP) have set plans to further expand in 30 more cities by 2027. The company currently has presence in 11 locations across the country, said reports. The TVS Industrial and Logistics Park is expected to be investing about Rs 1,500 crore under its expansion drive, As part of expansion plans, five of the warehouses would be in Tamil Nadu including one in Coimbatore. The plan is to have a warehousing solution in every 400 km across the country, added reports. The company was working on various projects in Vijayawada, Vishakapatnam, Guwahati, Siliguri, Ranchi and Raipur among others. Tamil Nadu being the major market for the company with 50 per cent share, the company was eyeing eastern parts of the country to establish warehousing facilities, the reports further stated.