India is emerging as a favorable destination for multinational industrial corporations close on the heels of the pandemic. India provides a well-established and time-tested blueprint for setting up self-sustaining units of major industries. This has resulted in top industries like automobile, retail, e-commerce shifting gears in the recent past to become significant contributors to the Indian economy. With further investments in these sectors from national and international corporations, new industrial hubs have emerged. Subsequently, the need for premium warehousing has also soaredin these zones. Due to the pandemic, most manufacturing majors are choosing safe, sustainable, and world-class warehousing spaces offering superior amenities.

Located in the southern peninsula of India, Andhra Pradesh (AP) is the 7th largest state in the country and is a thriving industrial hub. AndhraPradesh is the largest exporter of marine and pharma products amongs Indian states. A logistics marvel situated on the eastern coast, Andhra Pradesh has a well-developed social and industrial infrastructure as well as excellent connectivity. With steady power and water supply, the industries have an ideal ground to for business growth and development.

The state contributes to 16% of India’s pharmaceutical production value and 10% of total automotive exports from India with the presence of industry leaders such as Apollo Tyres, Yokohoma Tyres, KIA Motors, Isuzu Motors, Kobelco, Ashok Leyland, Bharat Forge, Hero Motors, among others. Andhra Pradesh is India’s LNG gateway from the east with two LNG terminals under development.

To promote industry and sustainability, the government of Andhra Pradesh has earmarked areas for developingindustrial parks with the hub and spoke model. Currently, there are threeindustrial corridors and 19 operational Special Economic Zones (SEZ), several national investment and manufacturing zones (NIMZs). Apart from being well-connected with six airports (five green field), over 1,23,000 km of the road network, 26,000km of the rail network and 14 ports (five operational),it has a coastline of 974 km, the second-longest in India. The state has an installed power capacity of over 24,885 MW and has abundant water resources with 10% consumption allocated for industrial development through Krishna and Godavari river basins.

IndoSpace has pioneered modern industrial and logistics real estate in India with 52 new generation industrial parks across India, and a portfolio of around 58 mnsq ft (4.7 mnsq m). Over the last decade, IndoSpace’s award-winning parks have consistently set the benchmark in terms of quality, services, sustainability, and governance, which has made us the partner of choice for over 100 MNCs and Indian companies. IndoSpace has a prominent presence in the state of Andhra Pradesh with three of its upcoming Grade A parks – two in Sri City and one in Penugonda (Near Kia Motors). These three premium industrial and logistics parks are strategically situated in the thriving regions of the state and offer world-class, smart, and sustainable solutions, suitable for warehousing, industrial and logistics operations. Well-connected to the important cities and industrial hubs of Andhra Pradesh as well as to the neighbouring states, these parks are easily accessible via multi-modal transport.

INDIA’S PREMIER DEVELOPER OF INDUSTRIAL & WAREHOUSING PARKS

IndoSpace has pioneered modern industrial and logistics real estate in India with 52 new generation industrial parks across India, and a portfolio of around 58 mn. sq. ft. (4.7 mn. sq. m). Over the last decade, IndoSpace’s award-winning parks have consistently set the benchmark in terms of quality, services, sustainability and governance, which has made us the partner of choice for over 100 MNCs and Indian companies.

BENEFIT FROM OUR 52 GRADE A PARKS PAN-INDIA

IndoSpace is further extending and expanding its world-class facilities to reiterate its position as the largest provider of Grade A industrial and warehousing parks in India.

Learn more about our presence in other states.