ESR, an Asia-Pacific focused real asset owner and manager, has acquired a land parcel spread over 60 acres in Talegaon, Pune to develop an industrial and logistics park with a total investment of about Rs 650 crore.

This move is a part of the company's growth strategy in India, aiming to cater to key sectors such as automotive, e-commerce, fast-moving consumer goods, logistics, and advanced manufacturing. The park will feature six Grade A buildings and is designed to enhance connectivity and supply chain efficiency, supported by modern, sustainable infrastructure. The site benefits from multimodal connectivity through NH-48, Mumbai-Pune Expressway, and the new Talegaon-Chakan Road, offering direct access to major cities and manufacturing hubs.

ESR's expansion in Maharashtra, a key market in western India, reflects its confidence in the region's industrial potential, skilled workforce, and long-term economic growth. This project adds to ESR's existing portfolio of industrial parks across India, strengthening its presence in rapidly growing markets.