Horizon to invest ₹2,000-cr in south India logistics sector
Horizon Industrial Parks, owned and managed by Blackstone Real Estate funds, has rolled out expansion across key southern markets entailing ₹2,000 crore investment. CEO, Rahul Pandit, informed that the company plans to build 9 million sq ft of logistics facilities across South India since it is an important market with over 40% of its current portfolio concentrated in Karnataka, Tamil Nadu and Telangana. Going ahead, tier-II cities will become a key demand centre and the company's focus will be on manufacturing, third-party logistics and eCommerce to expand its footprint.
📅Published on:
29 March 2022
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