Embassy Industrial Parks has announced roping in Mahindra Logistics as its client for their project in Chakan, Pune. Mahindra Logistics has signed one of the largest spaces, which is now ready to lease for warehousing purpose. Embassy Industrial Parks invested Rs 350 crore to build a 1.1-million sq. ft. industrial park at Chakan, Pune. The project mainly comprises built-to-suit facilities ranging from 50,000 sq. ft. to two lakh ft. in size.
Embassy Industrial Parks has already strongly established itself by acquiring strategic land parcels lands in select areas across the country. The company plans to invest US $250 million to build seven industrial parks in major cities and has already invested in Pune, Haryana, Delhi, West Bengal & Chennai further to MOUs signed with the governments of Haryana & West Bengal.
Anshul Singhal, CEO, Embassy Industrial Parks, said, “Service to us is as important as the product and we continue to set new benchmarks for Grade-A quality warehousing solutions.”