MUMBAI/BENGALURU: ESR, an Asia Pacific-focused real asset owner and manager, plans to invest more than Rs 600 crore to develop an industrial and manufacturing park in Tamil Nadu's Hosur city.
The company has bought 85 acres for the project with a development potential of 2.1 million sq ft.
The new facility will strengthen ESR’s presence across South India’s industrial corridor and cater to manufacturing, and research & development-led sectors.
Located in the Hosur-Shoolagiri industrial belt, the ESR Hosur Advanced Manufacturing Park will comprise 10 industrial buildings for companies in advanced manufacturing, electronics, clean energy, aerospace, electric vehicles, robotics, and related industries.
"Our investment in Hosur reinforces ESR’s continued commitment to India’s economic progress and its vision to enable high-quality, future-ready industrial ecosystems,” said Abhijit Malkani, CEO, ESR India. “Building on the success of our Oragadam development, ESR Hosur strengthens our position as a key partner for investors and customers seeking opportunities in Tamil Nadu’s rise as an advanced manufacturing hub.”
ESR Hosur will have multimodal connectivity through NH-44, NH-844, and SH-91, and is located near Hosur aerodrome and the upcoming freight corridor. Its proximity to Bengaluru’s aerospace and defence hubs, along with access to Chennai, Coimbatore, Mysuru, Tirupati, and Vellore, is expected to aid regional logistics and supply chain operations.
The Hosur investment marks ESR’s continued expansion in South India, following earlier developments in Oragadam, Chennai, and other industrial hubs. The company manages logistics, data centre, and infrastructure assets across the Asia-Pacific region through an integrated fund management and development platform.
ESR currently operates 24 industrial and logistics parks across India, all pre-certified Gold or Platinum by the Indian Green Building Council.
ESR’s new campus will follow the company’s ESG 2030 roadmap, incorporating energy- and water-efficient systems, renewable energy installations, and green building standards. It will also feature digital park management and worker amenities.
The Hosur industrial region already hosts over 700 large, medium, small, and micro enterprises across automotive, precision engineering, aerospace, and electronics sectors. At the recent Hosur Investors’ Conclave, the Tamil Nadu government signed investment pacts worth about Rs 24,000 crore to promote manufacturing activity in the region.
The company has bought 85 acres for the project with a development potential of 2.1 million sq ft.
The new facility will strengthen ESR’s presence across South India’s industrial corridor and cater to manufacturing, and research & development-led sectors.
Located in the Hosur-Shoolagiri industrial belt, the ESR Hosur Advanced Manufacturing Park will comprise 10 industrial buildings for companies in advanced manufacturing, electronics, clean energy, aerospace, electric vehicles, robotics, and related industries.
"Our investment in Hosur reinforces ESR’s continued commitment to India’s economic progress and its vision to enable high-quality, future-ready industrial ecosystems,” said Abhijit Malkani, CEO, ESR India. “Building on the success of our Oragadam development, ESR Hosur strengthens our position as a key partner for investors and customers seeking opportunities in Tamil Nadu’s rise as an advanced manufacturing hub.”
ESR Hosur will have multimodal connectivity through NH-44, NH-844, and SH-91, and is located near Hosur aerodrome and the upcoming freight corridor. Its proximity to Bengaluru’s aerospace and defence hubs, along with access to Chennai, Coimbatore, Mysuru, Tirupati, and Vellore, is expected to aid regional logistics and supply chain operations.
The Hosur investment marks ESR’s continued expansion in South India, following earlier developments in Oragadam, Chennai, and other industrial hubs. The company manages logistics, data centre, and infrastructure assets across the Asia-Pacific region through an integrated fund management and development platform.
ESR currently operates 24 industrial and logistics parks across India, all pre-certified Gold or Platinum by the Indian Green Building Council.
ESR’s new campus will follow the company’s ESG 2030 roadmap, incorporating energy- and water-efficient systems, renewable energy installations, and green building standards. It will also feature digital park management and worker amenities.
The Hosur industrial region already hosts over 700 large, medium, small, and micro enterprises across automotive, precision engineering, aerospace, and electronics sectors. At the recent Hosur Investors’ Conclave, the Tamil Nadu government signed investment pacts worth about Rs 24,000 crore to promote manufacturing activity in the region.
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