TVS ILP Eyes Massive 100 Million Sq Ft Expansion Through State Government Collaborations.

TVS Industrial & Logistics Parks (TVS ILP) is embarking on an ambitious plan to expand its warehousing footprint to 100 million square feet, a significant shift in strategy that will see the company prioritize partnerships with State governments over private land acquisitions. This move aims to capitalize on India's booming logistics sector.

In an exclusive interview with businessline following the successful listing of the company’s Infrastructure Investment Trust (InvIT) on the NSE, which raised over ₹1,300 crore, Founder & Vice-Chairman Ravi Swaminathan revealed the company's revamped growth strategy. "We are basically a company which grows organically," Swaminathan stated. "The land for us is now increasingly dependent on government, because of our reputation, because of our credibility, most State governments are inviting us."

This approach signals a clear departure from traditional joint ventures with private players for land acquisition. By collaborating directly with State governments, TVS ILP aims to streamline land procurement and accelerate its expansion plans, leveraging its established reputation and credibility within the industry.