TVS ILP invests ₹250 crore in Vizag logistics park

The project, backed by the Andhra Pradesh Industrial Infrastructure Corporation, is expected to generate over 1,000 jobs when fully operational

TVS Industrial & Logistics Parks (TVS ILP) has invested approximately ₹250 crore to develop a Grade-A industrial and logistics park on 17 acres in Visakhapatnam.

This facility marks another milestone in TVS ILP’s growth journey as it expands its pan-India network of industrial parks with world-class infrastructure.

TVS ILP is part of the TVS Mobility group and a joint venture between TVS SCS and Ravikumar Swaminathan & Family.

Strategic location advantage

Located 21 km from Vizag Airport, 28 km from Vizag Railway Station, and 32 km from Vizag Port, the park also has direct access to the Chennai–Kolkata Highway. The land was allocated through the Andhra Pradesh Industrial Infrastructure Corporation Ltd, which facilitated acquisition and expedited approvals. The park is being developed in multiple phases, with 4 lakh sq. ft. of ready-to-move space already available, says a release.

Job creation push

Once fully operational, the built-to-suit (BTS) facility is expected to generate over 1,000 jobs, a statement said.

Aditi Kumar, Joint Managing Director, TVS ILP, said, “Visakhapatnam’s strategic location along the Bay of Bengal makes it a natural hub for warehousing and logistics. With one of India’s busiest ports, it serves as a gateway for trade with Southeast Asia and beyond. TVS ILP’s park is designed to leverage this connectivity and cater to high-growth sectors such as pharmaceuticals, manufacturing, 3PLs, automobiles, electronics, and seafood processing.”

Visakhapatnam is also witnessing major infrastructure upgrades, including the upcoming Bogapuram International Airport and enhanced connectivity along the Chennai–Kolkata corridor.

Published on October 10, 2025