TVS Industrial & Logistics Parks Signs Mou With Telangana Govt For Industrial Park

(MENAFN- KNN India) Hyderabad, Dec 10 (KNN) TVS Industrial & Logistics Parks (TVS ILP) on Wednesday said it has signed a Memorandum of Understanding (MoU) with the Government of Telangana to acquire 20 acres of land to develop a tech-enabled logistics and industrial park in the state.

Dr. Ramnath Subramaniam, Joint Managing Director, TVS ILP, and Sanjay Kumar, Special Chief Secretary, Industries & Commerce Department, Government of Telangana signed the agreement in the presence of state Chief Minister Revanth Reddy.

The TVS group said that the proposed investment aligns with Telangana's vision of emerging as a leading manufacturing, warehousing, and logistics hub in India.

The project, once implemented, is expected to generate significant employment opportunities, support supply chain and industrial growth across multiple sectors.

Commenting on the development, Dr. Ramnath Subramaniam said that Telangana's investment climate and infrastructure vision present a compelling opportunity for high-quality logistics development.

"As a company with strong operations across southern India, we see Telangana as a pivotal hub in our national logistics network. Its bold vision and seamless execution make Telangana one of India's most attractive investment destinations and we are proud to contribute to its emergence as a global industrial powerhouse," he further said.

Founded in 2005, TVS ILP is one of the leading tech-enabled infrastructure solutions providers. It offers comprehensive industrial infrastructure solutions that are tailored to meet the unique needs of clients.

(KNN Bureau)

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