INDOSPACE launches two industrial parks in Tamil Nadu

Developer of Grade A industrial real estate and logistics parks IndoSpace on June 23 announced the launch of two parks, Vallam II and Oragadam III in Tamil Nadu, with a combined area of 118 acres, the company said. Both parks will cater to companies from the automotive and electronics sectors. Original equipment manufacturers like Yamaha, Hyundai, Royal Enfield, Nissan, Daimler and Foxconn are amongst the most prominent industrial entities in these regions, it said. The parks will boost IndoSpace’s footprint across strategically significant regions and are a step towards its long-term goal of creating 120 million square feet of modern logistics infrastructure across India.