TVS Industrial and Logistical Parks (TVS ILP) commits Rs. 125 crore for a cutting-edge Logistics & Warehousing Park in Goa’s Verna Industrial Estate, fostering industrial growth.
TVS ILP’s Memorandum of Understanding (MoU) with the Goa Investment Promotion & Facilitation Board underscores a proactive stance, aiming to bolster Goa’s industrial landscape.
Encompassing 15-20 acres, the project anticipates creating 250 direct jobs and up to 1000 indirect opportunities, a significant boost to local employment. With 18 parks across 10 states, TVS ILP plans to develop 20 million square feet of infrastructure in 20 warehousing parks nationwide in the next three to four years.
Dr. Ramnath Subramaniam, CEO of TVS ILP, sees the partnership as a milestone, aligning with the Central Government’s investments in Goa’s infrastructure. The logistics park not only supports existing industries but also positions Goa as an attractive business destination, in line with the government’s vision. This collaboration signifies TVS ILP’s dedication to becoming a catalyst for economic growth, fostering industrialisation, and generating employment opportunities in the state.
