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IndoSpace launches over 2 m sq ft Grade A Industrial Warehousing & Logistics Parks in Gujarat with approx Rs 600 cr commitment

IndoSpace Park in Chakan

Mumbai/Ahmedabad, March 22, 2022 – Grade A industrial real estate and logistics parks developer, IndoSpace, is growing its presence in the West region, with investments in two significant projects in Becharaji and Bavla near Ahmedabad, Gujarat.

A press release issued by the company says that, spread over 90 acres, the location of these parks are ideal for the development of industrial, warehousing and logistics facilities. IndoSpace park in Becharaji is strategically located on the outskirts of the Mandal Becharaji Special Investment Region (MBSIR), adjacent to state highway SH-19, and accessible to both industrial and transit hubs. IndoSpace park in Bavla is in proximity to the Changodar-Bagodara industrial belts, on the Ahmedabad-Rajkot National Highway (NH) 47, offering Grade A infrastructure to many large and medium industrial and warehousing developments.

Rajesh Jaggi

“After establishing a strong presence in Chakan, Pune in the western region, we are excited to further strengthen our presence in the state of Gujarat. The state is today one of India’s important industrial hubs, and we aim at serving companies in the automotive (including Battery Electric Vehicle (BEV) and BEV batteries manufacturing), e-commerce, and retail industries. We plan to leverage on the manufacturing growth in the state and provide our world-class Grade A logistics infrastructure to customers across industries,” said Rajesh Jaggi, Vice Chairman-Real Estate, Everstone Group.