Avigna Group Hosur Industrial Logistics Park investment : Chennai’s Avigna Group to invest ₹1,500 Cr in a new Industrial & Logistics Park in Hosur, Tamil Nadu. The project, signed via an MoU with the state government will boost the region’s warehousing and supply chain infrastructure.
HOSUR, TAMIL NADU – In a significant development for Tamil Nadu’s industrial infrastructure Chennai-based Avigna Group has signed a Memorandum of Understanding (MoU) with the state government to establish a major Industrial and Logistics Park in Hosur. The project announced in the presence of Chief Minister M.K. Stalin involves a substantial investment of ₹1,500 crore.
This investment underscores the growing importance of Hosur as a key industrial and logistics corridor particularly due to its strategic location bordering Karnataka and its proximity to the major economic hub of Bengaluru.
Boosting Tamil Nadu’s Logistics Ecosystem
The proposed Avigna Group Hosur Industrial Logistics Park investment is set to significantly enhance the region’s warehousing and supply chain capabilities. Industrial and Logistics Parks (ILPs) are modern, integrated facilities that provide Grade-A warehousing space advanced material handling equipment and seamless connectivity to highways and ports.
For a manufacturing powerhouse like Tamil Nadu, robust logistics infrastructure is critical for ensuring efficient movement of goods, reducing operational costs for businesses, and attracting further investment. This park will cater to the needs of various industries, including automotive, engineering, electronics and e-commerce, which have a strong presence in the region.
Strategic Location and Government Support
The choice of Hosur is strategic. The city is already a major industrial center, home to numerous manufacturing units and large-scale industries. Its location on the Tamil Nadu-Karnataka border places it on a vital economic axis, offering excellent connectivity to Bengaluru and other key cities in South India.
The signing of the MoU indicates strong government support for the project. The state government typically facilitates such investments by assisting with necessary approvals, clearances and providing a supportive policy framework, making Tamil Nadu an attractive destination for industrial development.
The Bigger Picture: Avigna Group’s Vision
For the Avigna Group, this project represents a major expansion of its portfolio in the industrial real estate sector. The development of a large-scale logistics park aligns with India’s broader narrative of infrastructure modernization and the creation of multi-modal logistics parks under the National Logistics Policy.
The Avigna Group Hosur Industrial Logistics Park investment will likely create a substantial number of direct and indirect jobs, both during the construction phase and upon operationalization. It will provide employment opportunities in areas such as logistics management, warehouse operations, security, and transportation, providing a boost to the local economy.
This project is a testament to the continued investor confidence in Tamil Nadu’s industrial growth story and the state government’s active efforts to attract investments and build world-class infrastructure to support its economic ambitions.
