Ample Parks launches its first logistics park in Chennai with ₹800 crore outlay, aiming major expansion across India.
Ample Parks, a joint venture between Actis and Mahindra Lifespaces, has launched its debut industrial and logistics park at Mahindra World City (MWC), Chennai. With an investment of ₹800 crore, it is currently the largest Grade-A industrial space available in the Domestic Tariff Area (DTA) of MWC.
Spread over 71 acres, the project offers 2.1 million sq. ft. of leasable area and is strategically located near the Oragadam-Maraimalai Nagar (OMM) corridor, catering to sectors like engineering, automotive, electronics, and white goods. Around 0.5 million sq. ft. is ready for immediate lease.
The facility is expected to generate ₹110 crore annually post-completion, and ₹1,400 crore over a decade, while creating approximately 11,000 jobs. CEO Akash Rastogi confirmed ongoing talks for a second Chennai project and expansion into Hosur within three months.
Ample Parks also plans to scale operations in tier-1 cities like Mumbai, Delhi NCR, and Pune, while tapping into tier-2 markets such as Jaipur, Guwahati, and Lucknow to meet the rising demand for industrial real estate.
Source: The Hindu
