TVS Industrial & Logistics Parks (TVS ILP) has signed a Memorandum of Understanding (MoU) for 10 acres of land in Siliguri, expanding its presence in the Eastern market. The MoU was signed in the presence of Dr. Ramnath Subramaniam, Joint Managing Director, TVS ILP, and team, along with Mr. Jayesh Sinhal, Executive Director, Ram Niwas Group, Kolkata, and team.
Located at the gateway to Northeast India, Siliguri offers multimodal connectivity and serves as a transit hub linking domestic and international trade corridors, including Nepal, Bhutan, and Bangladesh. This development aligns with TVS ILP’s plan to expand its presence across logistics hubs in East India. The proposed park is expected to enhance regional logistics, support local businesses, and contribute to employment generation, while enabling a shift towards organised warehousing in the region.
Ramnath Subramaniam, Joint Managing Director, TVS ILP, said in a statement, “West Bengal is an important market for industrial and logistics growth, supported by its strategic location and strong regional connectivity. Siliguri plays a critical role as a gateway to Northeast India and neighbouring international markets, making it a highly relevant logistics hub. With sectors such as e-commerce, FMCG, pharma and regional distribution networks expanding their footprint, we see strong demand for organised, Grade
A warehousing in this region. This development also marks our second major investment in West Bengal, reinforcing our long-term commitment to the state.”
With this investment, TVS ILP expands its presence in East India while contributing to the formalisation and growth of West Bengal’s logistics and industrial ecosystem. This builds on its earlier MoUs with the governments of Telangana and Karnataka, as part of its expansion across industrial and logistics hubs in India. The company continues to pursue growth opportunities, with a pipeline of developments across emerging markets.
Located at the gateway to Northeast India, Siliguri offers multimodal connectivity and serves as a transit hub linking domestic and international trade corridors, including Nepal, Bhutan, and Bangladesh. This development aligns with TVS ILP’s plan to expand its presence across logistics hubs in East India. The proposed park is expected to enhance regional logistics, support local businesses, and contribute to employment generation, while enabling a shift towards organised warehousing in the region.
Ramnath Subramaniam, Joint Managing Director, TVS ILP, said in a statement, “West Bengal is an important market for industrial and logistics growth, supported by its strategic location and strong regional connectivity. Siliguri plays a critical role as a gateway to Northeast India and neighbouring international markets, making it a highly relevant logistics hub. With sectors such as e-commerce, FMCG, pharma and regional distribution networks expanding their footprint, we see strong demand for organised, Grade
A warehousing in this region. This development also marks our second major investment in West Bengal, reinforcing our long-term commitment to the state.”
With this investment, TVS ILP expands its presence in East India while contributing to the formalisation and growth of West Bengal’s logistics and industrial ecosystem. This builds on its earlier MoUs with the governments of Telangana and Karnataka, as part of its expansion across industrial and logistics hubs in India. The company continues to pursue growth opportunities, with a pipeline of developments across emerging markets.
