TVS ILP invests INR 125 Crore in a new warehousing facility in Cuttack

Unnati More Apr 15, 2024 0

TVS ILP, the flagship of TVS Mobility Group, recently held a ground-breaking ceremony for its new warehouse in Cuttack, Odisha. This marks the company’s expansion efforts in the eastern markets.

The upcoming state-of-the-art facility will sprawl across an anticipated 24 Acres of land parcel. It will comprise two large warehouses covering nearly 5 Lakh SqFt. TVS ILP will invest an estimated INR 125 Crore in this project, which is expected to be completed by the end of December 2024.

Also Read: India’s Top Upcoming Mixed-Use Development Projects

The upcoming TVS warehouse will cater to sectors such as FMCG, FMCD, 3PL, and E-commerce. Moreover, the company remains committed to exploring similar opportunities in other Tier-2 towns in Odisha, the first player to enter the state’s national logistics park.


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Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.

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