TVS ILP invests ₹250 cr in Grade-A industrial & logistics park in Visakhapatnam

TVS Industrial & Logistics Parks (TVS ILP), India’s pioneering corporate developer in the industrial infrastructure sector, has announced a significant investment of approximately ₹250 crore to develop a state-of-the-art Grade-A industrial and logistics park in Visakhapatnam. Spread over 17 acres, this facility marks a major milestone in TVS ILP’s expansion across India, offering world-class infrastructure to support industrial and logistics growth.
Prime Location and Connectivity
Strategically situated just 21 km from Vizag Airport, 28 km from Vizag Railway Station, and 32 km from Vizag Port, the park also boasts direct access to the Chennai–Kolkata Highway. This makes it an ideal hub for industries looking to leverage seamless connectivity to air, rail, and maritime transport. The land was allocated through the Andhra Pradesh Industrial Infrastructure Corporation Ltd. (APIIC), which facilitated acquisition and expedited approvals. Currently, 4 lakh sq. ft. of ready-to-move space is available, with further development planned in multiple phases.
World-Class Infrastructure
The park is designed to meet the highest standards of industrial and logistics operations. Key features include:
12-metre clear height ceilings for efficient storage and handling
LED lighting and solar-powered streetlights with daylight sensors
Advanced fire-fighting systems
Wide internal roads for smooth truck movement
High floor load capacity for heavy machinery
Dual flushing systems and low-flow water fixtures
Sustainability and ESG Compliance
Sustainability is a core focus of this development. The park incorporates rainwater harvesting, 100% reuse of treated wastewater, and renewable energy adoption, ensuring that the facility is ESG-compliant and future-ready.
Boosting Employment and Local Economy
Once fully operational, the built-to-suit (BTS) facility is expected to generate over 1,000 jobs, significantly contributing to Visakhapatnam’s economic growth.
A Strategic Move for South India
Aditi Kumar, Joint Managing Director, TVS ILP, said, “Visakhapatnam’s strategic location along the Bay of Bengal makes it a natural hub for warehousing and logistics. With one of India’s busiest ports, it serves as a gateway for trade with Southeast Asia and beyond. TVS ILP’s park is designed to leverage this connectivity and cater to high-growth sectors such as pharmaceuticals, manufacturing, 3PLs, automobiles, electronics, and seafood processing. Through this development, we aim to accelerate industrial growth, enable trade, and create employment opportunities across South India.”
Future Growth and Opportunities
Visakhapatnam is undergoing major infrastructure upgrades, including the upcoming Bogapuram International Airport and enhanced connectivity along the Chennai–Kolkata corridor. These developments are transforming the city into one of India’s fastest-growing economic hubs. With this Grade-A facility, TVS ILP is positioned to support the city’s industrial expansion while reinforcing its leadership in the warehousing and logistics sector in South India.