TVS Mobility Group arm to soon file draft papers for $150-million warehouse InvIT moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
TVS Industrial and Logistics Parks (TVS ILP) is constructing a warehouse in Chennai to support the solar manufacturing facility of First Solar. The new warehouse, covering an area of 5.70 lakh sq ft, will supply raw materials and inventory to First Solar s facility. The facility is strategically located to reduce time, inventory, and space utilization costs within the First Solar factory. The construction is expected to be completed by Q1 2024 and will create 200 jobs.
TVS Logistics Warehouse Chennai: According to the company, the foray into the renewable energy sector is a testament to its versatility and dedication to serving clients from diverse industries.
TVS Supply Chain Solutions Ltd.: S. Mahalingam stepped down as Chairman after completing his tenure of two terms as Independent Director, on August 29, 2023. K. Ananth Krishnan and Narayan K. Seshadri are appointed as additional Independent Directors on TVS SCS Board.