Hyderabad, Dec. 10 -- TVS Industrial & Logistics Parks (TVS ILP) on Wednesday said it has signed a Memorandum of Understanding (MoU) with the Government of Telangana to acquire 20 acres of land to develop a tech-enabled logistics and industrial park in the state.

Dr. Ramnath Subramaniam, Joint Managing Director, TVS ILP, and Sanjay Kumar, Special Chief Secretary, Industries & Commerce Department, Government of Telangana signed the agreement in the presence of state Chief Minister Revanth Reddy.

The TVS group said that the proposed investment aligns with Telangana's vision of emerging as a leading manufacturing, warehousing, and logistics hub in India.

The project, once implemented, is expected to generate significant employment opportu...