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TVS ILP sets up 3.2 lakh sqft warehousing facility in Vijayawada

Monday 9th Sep 2024    243
TVS ILP sets up 3.2 lakh sqft warehousing facility in Vijayawada
 
Vijayawada :

TVS Industrial and Logistics Parks (TVS ILP) has strategically expanded into Andhra Pradesh with a state-of-the-art warehousing facility in Vijayawada.

With a built-up area of 3.2 lakh sqft, the warehouse’s strategic location offers better connectivity to the airport, railway station, and to national and state highways.

Spanning 13 acres, this new warehouse represents TVS ILP‘s commitment to enhancing the logistics landscape in south India by offering top-tier infrastructure tailored to meet the evolving needs of various industries, the company said in a statement.

This facility positions the company as the first corporate Grade A player to establish a presence in this booming market. Additionally, the region benefits from a skilled labour force, which further enhances its appeal as a logistics and warehousing destination.

“Vijayawada, a key hub in south India, has long been recognised for its strategic location and robust connectivity, making it an ideal location for industrial growth. The city’s growing domestic consumption coupled with the growth of the industrial sectors, including agriculture, food-processing, textiles, and pharmaceuticals, are catalyst to the rising demand in warehousing and industrial space in the city,” it said.

The company further said that this facility is suited for industries such as FMCG, pharmaceuticals, food processing, textiles, and logistics, ensuring that diverse sectors have access to top-tier warehousing solutions.

“TVS ILP’s entry into the Andhra Pradesh market aligns with the state’s growing significance to become a logistics hub. It is also in line with our strategy to expand in the eastern corridor of India. As the first corporate developer to establish a Grade A facility in the region, we are poised to meet the rising demand for high-quality warehousing solutions. TVS ILP’s presence in Vijayawada is set to support the growth of various industries by providing them with advanced, sustainable, and efficient infrastructure,” Aditi Kumar, Executive Director, TVS ILP, said.

The Vijayawada facility is one of several strategic locations that TVS ILP has developed among other places in the country, including facilities in, Pune, Coimbatore, Bhubaneshwar, Madurai. TVS ILP’s evolution and expansion across 42 locations in 17 states underline its commitment to building India’s industrial landscape.

 
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