TVS Industrial & Logistics Parks (TVS ILP) has made a strategic entry into the Indore market by acquiring 20 acres of prime land in Pithampur Sector 7 from the Madhya Pradesh Industrial Development Corporation (MPIDC). The company plans to invest Rs 200 crore in developing a cutting-edge logistics park to cater to the growing demand for top-tier warehousing in the region. This development is expected to generate over 1,000 jobs for the local community, boosting employment opportunities in and around Indore.
Situated just 25 kilometres from the city centre, the logistics park will be well-connected via the Indore-Ahmedabad NH-47 highway, establishing Pithampur as a critical logistics hub. TVS ILP aims to strengthen its presence in India’s industrial and logistics sector, particularly in Tier 2 and 3 markets, by offering world-class infrastructure.
“Indore’s central location in India allows for seamless movement of goods across the country, providing businesses with a robust supply chain network,” the company stated. Indore’s prominence in automotive, engineering, textile, and manufacturing sectors, combined with a rising demand for high-quality infrastructure, makes it an ideal location for this investment.
Dr. Ramnath Subramaniam, CEO of TVS ILP, emphasised the strategic importance of this expansion, saying, “Madhya Pradesh has immense potential to become a logistics hub due to its location and connectivity. Our entry into Indore aligns with TVS ILP’s vision of leading the industry in tech-enabled infrastructure solutions.”
The logistics park will target industries such as e-commerce, retail, and FMCG, offering state-of-the-art, compliant storage facilities to meet their growing needs.
