20 million square meters of industrial space will be built by TVS Industrial and Logistics Park, which provides industrial warehouse space, by 2027.

According to sources, Ramnath Subramaniam, CEO of TVS ILP, the progress will help with his emergence as a billion-dollar platform. By the end of CY2023, it would be done building a additional 3 million square feet.

The CEO stated that the company, which already has a presence in 11 cities and manages 7 million. square feet of warehouse space, aims to expand to 30 locations, including Tier 1 cities and cities outside metro areas.

The fact that Tier-1 and urban areas have generally been the focus of storage indicates that the huge market potential. "We are working on an exhaustive ambition of 30 cities, because we don't want to. to limit ourselves to the subways or the Tier 1 cities."