ESR Group has acquired an additional 27 acres of land to expand its existing industrial and logistics park at Oragadam in Chennai. This expansion increases the ESR Oragadam Industrial and Logistics Park to a total of 107 acres, with a development potential of 2.5 million square feet.
In a statement released on Monday, the company highlighted its investment of Rs 276 crore (over USD 33 million) as a testament to ESR’s commitment to enhancing Tamil Nadu’s industrial landscape. ESR Oragadam Industrial & Logistics Park is strategically positioned in the Oragadam-Sriperumbudur cluster, a region experiencing significant demand for Grade A industrial assets.
This expansion builds on the success of the park’s initial two phases, which have already attracted several high-quality tenants, including electromechanical solutions provider CUBIC, automotive research and development firm A2Mac1, and specialty labelling company CCL.
Abhijit Malkani, CEO of ESR India, emphasised the importance of this expansion, stating, “ESR’s growth in Oragadam is a pivotal step in our support for Tamil Nadu’s ambition to become a major industrial hub. This project goes beyond just constructing Grade A industrial buildings.”
Malkani elaborated that by upgrading the supply chain with modern infrastructure, ESR Group is enabling a new era of advanced manufacturing and logistics for both customers and communities. “We are creating an ecosystem that prioritises innovation and environmental responsibility. Integrating green building practices and sustainable infrastructure into our design allows businesses to operate efficiently while minimising their environmental impact,” he said.
This expansion is poised to reinforce Tamil Nadu’s position as a burgeoning industrial powerhouse, furthering ESR Group’s mission to provide state-of-the-art facilities and sustainable solutions in the logistics and manufacturing sectors.