TVS ILP invests Rs 250 Cr in Grade-A Industrial & Logistics Park in Visakhapatnam

“With an investment of Rs 250 crore to develop a state-of-the-art Grade A industrial and logistics park on 17 acres of land in Visakhapatnam, this facility marks another milestone in TVS ILP’s growth journey as it expands its pan-India network of industrial parks with world-class infrastructure,” says Aditi Kumar, Joint Managing Director, TVS ILP.

Strategically located just 21 km from Vizag Airport, 28 km from Vizag Railway Station, and 32 km from Vizag Port, the park also has direct access to the Chennai–Kolkata Highway. The land was allocated through the Andhra Pradesh Industrial Infrastructure Corporation Ltd. (APIIC), which facilitated acquisition and expedited approvals. The park is being developed in multiple phases, with 4 lakh sq. ft. of ready-to-move space already available.

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