TVS ILP's ₹200 Crore Facility Set to Transform Pithampur

TVS Industrial & Logistics Parks plans a ₹200 crore investment in Pithampur, Madhya Pradesh, aiming to enhance the logistics infrastructure. The facility will create over 1,000 jobs and meet the growing demand for quality warehousing, particularly benefiting e-commerce, retail, and FMCG sectors.

TVS Industrial & Logistics Parks (TVS ILP) has announced a significant investment of ₹200 crore to establish a logistics facility in Pithampur, Madhya Pradesh. The company has acquired 20 acres of land from the Madhya Pradesh Industrial Development Corporation to meet the region's growing demand for quality warehousing.

The logistics park, strategically located 25 kilometers from Indore, is poised to create over 1,000 jobs and drive demand for local products. It's expected to feature state-of-the-art, tech-driven warehousing solutions that align with international standards for operational efficiency and sustainability.

CEO Ramnath Subramaniam highlighted the project's goals of reducing transit times and enhancing market competitiveness, aligning with TVS ILP's vision to become a leader in tech-enabled infrastructure. Indore, as a SMART city, offers an ideal hub for industries aiming to boost operational efficiencies and market reach.

(With inputs from agencies.)