Thursday, July 22, 2021

ESR India to invest about Rs 300 cr on industrial park in Gujarat

ESR India will invest about Rs 300 crore to develop an industrial and logistics park in Gujarat as part of its expansion plan. ESR is a leading industrial and logistics real estate platform with a focus on Asia Pacific market. In a statement, ESR India announced "its plan to develop a 36.5-acre industrial & Logistics Park in Jalisana, an emerging industrial hub of North Gujarat". The proposed park will cater to expansion and consolidation needs for engineering, electronics, energy, construction, machinery, automobile, auto-ancillary, e-commerce, and 3PL companies in the region. The park is well connected to Delhi-Mumbai Industrial Corridor, Kandla Mundra, ICD Khodiyar and Thar Dry Port. "We are excited to enter one of the fastest-growing industrial zones of the country, with a robust manufacturing base and an upsurge in e-commerce adoption. We are ready to contribute to Grade A spaces to further augment industrial and warehousing activity in the region," said Abhijit Malkani, CEO,

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