industrial park
ESR India, the Asia Pacific focused industrial, and logistics real estate platform has inked a Memorandum of Understanding (MoU) with the Tamil Nadu Government for setting up two industrial parks in Kancheepuram and Krishnagiri districts involving ₹550 crore investment. Once operational, the two projects will not just boost the overall socio-economic growth in the region but also generate huge job avenues for locals. The policy and regulatory reforms unveiled in recent times has accentuated the entry of international institutional players and has set new benchmarks for industrial developments in the country. Abhijit Malkani, CEO and Country Head, ESR India, informed that the company's goals are aligned with the vision of the Tamil Nadu Government, to create avenues to increase business and trade inclusion opportunities and employment towards garnering better economic growth in the region. The company is currently present across 9 cities and 15 locations with a total GFA of 18 mn. sq. ft.