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Avigna Industrial & Logistics Park plans to build warehouse near Bengaluru

Thursday, 16 Sep 2021
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Avigna Industrial & Logistics Park plans to invest around Rs 600 crore to set up a four million sq ft Grade-A warehousing facility near Bengaluru, Karnataka.

The company recently leased out its first one million sq ft industrial warehouse at Hosur Park, in Tamil Nadu, to marquee brands such as Whirlpool, Wakefit and Stellar Value Chain. The new facility will come up in the Hoskote Industrial Park.

The project is part of Avigna’s Rs 2,000 crore plan for creating 10 million sq ft warehouse space over the next three years. Besides warehouses in Hosur and Chennai (Tamil Nadu) and Nellore (Andhra Pradesh) in South India, Avigna is looking for a presence in the Western (Bhiwandi, Jaipur), Northern (Farrukhnagar, Haryana) and Eastern (Patna, Guwahati, Kolkata) regions.

Avigna leases out industrial warehouses at Hosur to marquee brands. The company plans to launch a food terminal market near Chennai and in Madhya Pradesh to tap the access to farm produce under the recently introduced farm bill.

 

 
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