IndoSpace, backed by Everstone Group, is set to invest over Rs 580 crore in developing two new logistic parks across 76 acres in Karnataka. This is part of a larger Rs 3,000 crore commitment to the state under a 2022 MoU. The parks, focused on industries like automobiles and electronics, will offer 1.8 million sq ft of development potential. IndoSpace currently operates three parks in Karnataka and has 52 nationwide, reflecting strong demand in the logistics sector.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.