ESR, an Asia-Pacific-focused industrial and logistics real estate platform, said on November 10 it added 44 acres to its industrial park in Chennai and will invest Rs 260 crore for its construction and development.
It takes the total land acquired by the company in Chennai’s Oragadam to 80 acres. The company acquired 36 acres in July 2020.
“We are thrilled to expand our operations in Oragadam, which has emerged as a renowned destination for indigenous as well as global companies wanting to expand their operations in India,” said Abhijit Malkani, CEO & Country Head of ESR India.
Located on state highway-48, on Oragadam- Walajabad road, ESR Oragadam Industrial and Logistics Park is well-connected by air, road, rail, and ports.