EcoBox Industrial Parks Enhances India’s Logistics Infrastructure with 50-Acre Acquisition in Chennai
EcoBox Industrial Parks, a fast-growing operating platform backed by Alta Capital, is making significant strides in expanding India’s logistics infrastructure with a recent acquisition of 50 acres of land in Chennai’s Mannur locality. This development marks an important step towards enhancing the nation’s industrial infrastructure, crucial for meeting the increasing demand for modern industrial and logistics facilities across the country.
The planned development on this site will span 1.2 million square feet, with an investment of over ₹400 crore. Located just 3 km from State Highway 50, the project is ideally situated in Tamil Nadu’s flourishing industrial ecosystem. The strategic location provides easy access to key industrial corridors and the manufacturing base in Chennai, making it an attractive proposition for a wide range of industries including e-commerce, third-party logistics (3PL), and light manufacturing.
This move by EcoBox comes at a time when India’s logistics sector is undergoing rapid transformation, driven by the demand for high-quality, efficient supply chain solutions. The country’s industrial base has been expanding, and facilities like the one planned in Mannur are essential to accommodate the growing needs of both domestic and international businesses. As demand for space in India’s logistics parks increases, developments like this are set to play a key role in strengthening the country’s infrastructure, which is vital for its economic growth. Ashish Shah, CEO of EcoBox Industrial Parks, noted that the acquisition of the Mannur site aligns with the company’s strategy to establish a strong presence in key industrial regions across India. “Mannur’s strategic location and connectivity make it an ideal site for addressing the growing demand for modern industrial infrastructure. This acquisition is an important step in expanding our presence in India’s key industrial regions,” Shah remarked.
The acquisition of land for this logistics park is part of EcoBox’s larger strategy to develop facilities that support and enhance India’s supply chain. By focusing on areas with strong connectivity, EcoBox aims to facilitate faster and more efficient movement of goods, which is essential for industries relying on logistics and transportation to function smoothly. The development is expected to provide state-of-the-art facilities designed to meet the needs of a variety of industries. These will include large-scale warehouses, distribution centres, and custom-built facilities tailored to specific business needs. The logistics infrastructure being created in Mannur will be equipped with modern amenities and technology, which will not only improve operational efficiency but also reduce the cost of logistics for companies operating in the region.
The acquisition also expands EcoBox’s portfolio significantly, bringing its total managed space to 4.8 million square feet. This growing portfolio signals EcoBox’s commitment to enhancing the logistics infrastructure landscape in India. As a part of Logicap Advisors, the logistics arm of Alta Capital, EcoBox is positioned to capitalise on the expanding market demand, offering investors and tenants well-located, modern logistics facilities. In addition to enhancing India’s industrial infrastructure, this project in Mannur is set to create numerous job opportunities, contributing to the regional economy. The demand for skilled workers, as well as for auxiliary services such as transportation, security, and maintenance, will provide a significant boost to the local economy. EcoBox Industrial Parks’ new project in Chennai is more than just a real estate development; it is a vital piece in India’s evolving industrial infrastructure puzzle. The facility will not only support the logistics and manufacturing sectors but will also help position India as a stronger player in the global supply chain, capable of meeting the needs of a rapidly growing economy.
