Global industrial real estate developer Panattoni has announced a significant investment of approximately ₹210 crore to develop a 25-acre industrial and logistics park in Hosur, Tamil Nadu.
This project, named Panattoni Park Hosur I, marks the company’s second venture in India, following its ongoing development in the Delhi-NCR region. Situated along National Highway 44, the park is strategically located to serve as a critical node in India’s logistics network. The development will offer a total leasable area of 5.5 lakh square feet, featuring state-of-the-art infrastructure designed to meet the diverse needs of e-commerce, third-party logistics providers (3PL), fast-moving consumer goods (FMCG) companies, and manufacturing sectors.
In line with global sustainability standards, Panattoni Park Hosur I will incorporate eco-friendly construction methods and innovative infrastructure. The facility will emphasize sustainable practices, including the use of renewable energy sources and efficient water management systems, aligning with India’s growing focus on green building initiatives. The development is expected to generate significant employment opportunities, both during the construction phase and upon completion, contributing to the local economy. The project aligns with the Indian government’s efforts to enhance infrastructure and promote industrial growth in Tier-2 cities, positioning Hosur as a key player in the southern logistics corridor.
Panattoni’s entry into the Indian market underscores its commitment to expanding its global footprint. The company plans to continue its investment in India’s logistics sector, focusing on developing sustainable, high-performance facilities that cater to the evolving needs of the industrial and logistics industries. The establishment of Panattoni Park Hosur I represents a significant development in India’s logistics infrastructure, offering state-of-the-art facilities that support the growth of various industries. As the demand for efficient and sustainable logistics solutions continues to rise, projects like these are pivotal in shaping the future of India’s industrial landscape.
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