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Coimbatore: The National Highways Authority of India (NHAI) has identified 219 acres at Karavazhi Madhapur village on the outskirts of the city to set.
LOGOS Chakan Logistics Estate is being acquired within the LOGOS India Logistics Venture, anchored by Ivanhoe Cambridge, which has a $400 million commitment to develop and own high-quality, modern industrial and logistics facilities in key Indian markets. LOGOS, part of the ESR Group, is a logistics specialist with operations across 10 countries in Asia Pacific.
LOGOS Chakan Logistics Estate is being acquired within the LOGOS India Logistics Venture, anchored by Ivanhoe Cambridge, which has a USD 400 million commitment to develop and own high-quality, modern industrial and logistics facilities in key Indian markets. LOGOS, part of the ESR Group, is a logistics specialist with operations across 10 countries in Asia Pacific.
Fund will be taken at a platform level for logistic park business, indicating that outside investor will get slices of all the assets that are put on the platform
This investment worth Rs 24,000 Cr could generate 19,500 employment opportunities in UP.