IndoSpace Strengthens its Foothold in the South
IndoSpace announced the launch of parks in Mevalurkuppam and Koodapakkam near Chennai, Tamil Nadu. These new parks will strengthen IndoSpace’s foothold in the South and help move towards its goal of building a portfolio of 120 million square feet of modern infrastructure across the country. Spread across an area of over 15 acres, IndoSpace Industrial Park Meva is located in Mevalurkuppam village of Kancheepuram district. The park is situated near national highway NH-48, which runs from Delhi to Chennai, providing easy access to nearby industrial hubs. IndoSpace Sugal Industrial Park, Koodapakkam is spread across 26 acres and is located in the Tiruvallur district in the state of Tamil Nadu. It is positioned on State Highway 50, and closer to NH-332 which runs across Tamil Nadu and Puducherry giving excellent road connectivity within state. Both the parks come under Irungattukottai micro-market which has a large concentration of medium and small-scale enterprises supporting the large-scale auto and auto-ancillary units based in Sriperumbudur-Oragadam. Also, both parks are in proximity to the seaports of Ennore and Chennai, giving them a superior logistical advantage. IndoSpace has significant presence in Tamil Nadu with existing parks located in Coimbatore, Polivakkam, Oragadam, Puduvoyal and Vallam. In May 2019, IndoSpace had launched two new parks in Rajpura, Punjab and Luhari, Haryana.
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