Aequs Infra, a leading developer of large-format industrial clusters, will embark on a strategic expansion. The company plans to develop 12 million sq. ft. of warehousing and manufacturing parks across Tier-1 and Tier-2 cities in South India.
The project will require an investment of over Rs 2,000 crore, with an average construction cost of Rs 2,000 per sq. ft. “We will look at 50-100 acres industrial and logistic parks with a major focus on manufacturing to drive the next phase of growth. We will develop around 3-4 million sq. ft. of thunder built-to-suit models in Tier-2 cities, while the remaining will be in Tier-1 locations,” said Shyam Kalyanasundaram, who has been appointed Chief Executive Officer (CEO).
Founded by Aravind Melligeri, Aequs Infra currently operates three major clusters: the Belagavi Aerospace Cluster, Koppal Toy Cluster, and Hubballi Durable Goods Cluster. Its clients include Airbus, Boeing, Hasbro, and Wonderchef. The company recently received government approval for an electronics components SEZ in Hubballi.
Industry experts believe India’s growing manufacturing ecosystem will drive demand for high-quality industrial infrastructure, positioning Aequs Infra as a key player in South India's logistics and manufacturing space.