Ecobox Industrial Parks has announced a significant investment of Rs 400 crore to develop a 1.2 million sq ft industrial and logistics park near Chennai, Tamil Nadu. The project, strategically located at Mannur, just 3 km from SH 50, aims to address the surging demand for modern logistics and industrial infrastructure in India.
The development is set to support key sectors, including e-commerce, third-party logistics, and light manufacturing, while leveraging Chennai’s robust industrial corridors and manufacturing bases.
Alta Capital’s Logicap Advisors, a subsidiary managing a portfolio of industrial assets, is overseeing this greenfield project. With this addition, Ecobox’s managed space expands to 4.8 million sq ft, contributing to its overall footprint of 13 million sq ft under Logicap Advisors.
Founded in 2021 by Siddhartha Gupta and backed by Singapore’s Rava Partners, Alta Capital has been instrumental in driving investments in India’s logistics and industrial infrastructure.
