CapitaLand Investment Ltd Expands into India with Major Real Estate Projects
Singapore's real estate giant, CapitaLand Investment Ltd (CLI), has announced its plans to invest over ₹9,200 crore in India by 2030, focusing on key markets like Mumbai and Pune. The company's growth strategy includes significant investments in data centres, logistics, and industrial parks.
Real EstateCapitaland Investment LtdData CentresLogisticsMaharashtraReal Estate MaharashtraAug 13, 2025
The company’s growth strategy for India is ambitious, aiming to increase its funds from 8 billion Singaporean dollars to 15 billion Singaporean dollars by 2028. This strategic move underscores CLI’s commitment to the Indian market and its potential for growth.
Tuesday’s data centre launch was attended by several high-profile dignitaries, including Singapore Deputy Prime Minister Gan Kim Yong, who is also the Minister for Trade and Industry; Jeffrey Siow, the Acting Minister for Transport and Senior Minister of State for Finance; and Maharashtra Chief Minister Devendra Fadnavis. Other notable attendees included Manohar Khiatani, Chairman of CapitaLand India Trust (CLINT) and Senior Executive Director of CLI, and Sanjeev Dasgupta, Chief Executive Officer of CLI India.
India is a core market for CLI, and Maharashtra, with its strong economic fundamentals and well-developed IT and industrial ecosystem, presents significant opportunities for us to grow our footprint,” said Sanjeev Dasgupta, CEO of CLI India. The company’s presence in India dates back to 2013 when it launched the International Tech Park in Pune’s Hinjawadi in partnership with the Maharashtra Industrial Development Corporation (MIDC). Over the past decade, CLI has made significant investments in Mumbai and Pune, totaling over ₹6,800 crore across 10 areas, including business parks, data centres, and logistics facilities.
Across India, CLI has expanded its portfolio with investments in over 55 IT and business parks, co-working spaces, industrial and logistics facilities, lodging, and data centre assets across eight cities: Bangalore, Chennai, Goa, Gurgaon, Hyderabad, Kolkata, Mumbai, and Pune. In Maharashtra, CLI’s presence is particularly strong, with five operational business parks covering a total leasable area of 9.7 million square feet.
Additionally, CLI plans to add another 4.5 million square feet in the state’s key commercial hubs. Development is also underway for logistics projects totaling 17 million square feet under Ascendas-Firstspace. These projects are expected to further solidify CLI’s position in the Indian real estate market and contribute to the economic growth of the region.
Frequently Asked Questions
What is CapitaLand Investment Ltd's (CLI) initial investment in India?
CLI plans to invest over ₹9,200 crore (2.3 billion Singaporean dollars) in India by 2030, focusing on key markets like Mumbai and Pune.
What sectors will CLI invest in with its new funds?
CLI will invest in data centres, logistics, and industrial parks in India.
When did CLI first enter the Indian market?
CLI first entered the Indian market in 2013 with the launch of the International Tech Park in Pune’s Hinjawadi.
What is CLI's target for fund growth in India by 2028?
CLI aims to increase its funds from 8 billion Singaporean dollars to 15 billion Singaporean dollars by 2028.
How many cities does CLI have a presence in across India?
CLI has a presence in eight cities across India: Bangalore, Chennai, Goa, Gurgaon, Hyderabad, Kolkata, Mumbai, and Pune.
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