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Indian Transport & Logistics
1 h

ESR, a Asia-Pacific real asset owner and manager, has acquired 60 acres of land in Pune, Maharashtra, to develop the ESR Talegaon Industrial and Logistics Park. The ₹650 crore (US$73 million) project will feature six Grade A buildings with a total development potential of 1.35 million sq. ft., catering to automotive, FMCG, logistics, e-commerce, and advanced manufacturing industries.

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ESR to develop 60-acre industrial and logistics park in Pune
www.itln.in

ESR to develop 60-acre industrial and logistics park in Pune

The ₹650 crore project will feature six Grade A buildings with strong connectivity and sustainable design.
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Indian Transport & Logistics
44 w

India's industrial & logistics space take-up has exceeded 39 million sq ft in 2024. This was driven by a revival in demand from leading e-commerce companies, the expansion of quick-commerce operators, and the aggressive growth initiatives by third-party logistics (3PL) and fast-moving consumer goods (FMCG) players, according to a January 2025 CBRE report.

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India's industrial & logistics space take-up surpasses 39 mn sq ft
www.itln.in

India's industrial & logistics space take-up surpasses 39 mn sq ft

Space absorption remained strong particularly in the second half of the year, experiencing a robust 17 percent Y-o-Y growth.

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