TVSILP, Lingotto partner for long term growth

TVS Industrial and Logistics Parks (TVS ILP) announced a strategic partnership with Lingotto, an investment management company.
This partnership has been set in motion through a secondary stake sale by existing investor, British International Investor, the UK’s development finance institution (DFI). This secondary transaction has taken place at an Enterprise Value of ₹2,800 crores, emphasizing the potential and size of TVS ILP. Lingotto shall onboard with a 21% shareholding in TVS ILP.
TVS ILP has been the first corporate developer leading the path in Grade A warehousing since its inception in 2005 with facilities Pan-India. Recognized for its unwavering commitment to excellence, TVS ILP is renowned for delivering best in-class warehousing and logistics solutions across India. The company’s ultimate aim is to be the trusted leader in integrated logistics parks, offering comprehensive services tailored to clients’ diverse needs. TVS ILP stands out for its exceptional project execution, ensuring prompt delivery and fostering enduring partnership with customers. The company has a diverse clientele encompassing industry leaders in sectors such as FMCG, FMCD, CDE, 3PL’s, Ecommerce and many more.