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Global companies are diversifying supply chains, benefiting India, Vineet Sekhsaria, India head at Prologis, told ET. Manufacturing regions like Chennai are seeing rising demand for modern logistics infrastructure. Prologis is expanding its presence in Tamil Nadu, investing significantly in new logistics and industrial parks. There is increasing interest linked to global supply chain diversification, with India benefiting from the 'China Plus One' trend and manufacturing-led regions such as Che ...Read More >
Chennai - Prologis has commenced construction of Prologis Park Redhills CPRR, a Grade A industrial and logistics park with total development potential of 1.1 million square feet in North Chennai. The project is being developed on 51 acres acquired along the Chennai Peripheral Ring Road (CPRR) corridor. Redhills marks Prologis' third location in Tamil Nadu, alongside projects in Hosur and Sriperumbudur. Together, these developments represent a ₹3,300 crore investment and span approximately 6.5 m ...Read More >
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