Chennai, April 1 -- TVS Industrial & Logistics Parks (TVS ILP), a corporate developer in warehousing, has signed a Memorandum of Understanding (MoU) worth Rs 200 crore with the Government of Karnataka, the company said.
The proposed investment will be directed towards developing tech-enabled industrial and logistics parks in Karnataka.
This strategic signing aligns with TVS ILP's focus on expanding its footprint in southern India, a region witnessing sustained growth in consumption and industrial activity.
Karnataka offers a strong environment for industrial development, supported by an extensive network of national highways, rail corridors, ports and air infrastructure.
The state is further strengthening its connectivity backbone throu...