To expand its portfolio to 20 million square feet, TVS ILP wants to invest $400 million

 To expand its portfolio to 20 million square feet, TVS ILP wants to invest $400 million

Infrastructure and storage company expands cooperation with NIIF IFL

Infrastructure and warehousing firm TVS Industrial and Logistics Parks (TVS ILP) claimed to have planned investments totaling $400 million to quadruple the size of its portfolio of facilities to 20 million square feet over few next year's.

The amount of facilities acquired by the corporation from NIIF Infrastructure Finance Limited (NIIF IFL) has increased to around $100 million. Nitin Aggarwal, president of TVS ILP, stated that this financial commitment "solidifies TVS ILP's reputation as a leading player in the storehouse and industrial park segment."

In order to deliver integrated infrastructure solutions that uphold the highest standards of excellence, usability, and environmental responsibility, it is our mission to establish ourselves as the most dependable market leader. The increased funds enable us to strengthen our sustainability initiatives, and we anticipate maintaining our partnership with NIIF IFL," he stated.

"We are happy to have partnered with TVS ILP, a company that shares our aim of developing high-quality infrastructure across India with a focus on green practises. According to Shiva Rajaraman, CEO of NIIF IFL, this partnership would be a first step in assisting India's transition to green infrastructure.

The partnership with NIIF IFL, according to TVS ILP, a division of the TVS Mobility Group, would hasten the development of creative and commercially viable solutions for India's infrastructure while reducing its environmental effect. It demonstrates TVS ILP's commitment to eco-friendly storage and its function in fostering market innovation, the business claimed in a statement.