Logicap Management and Mitsubishi Estate Co. have expanded their partnership with a follow-on investment to develop 3.5 million sq ft of industrial and logistics infrastructure in India. This move underscores growing international investor confidence in India’s rapidly evolving logistics sector.
Logicap ManagementMitsubishi Estate CoIndustrial Development In IndiaLogistics InfrastructureJoint VentureReal Estate NewsMay 18, 2025
The joint venture between Logicap and Mitsubishi Estate is aimed at developing 3.5 million sq ft of industrial and logistics infrastructure in India, focusing on key markets like Chennai, Mumbai, and Delhi-NCR.
The joint venture will develop an additional 3.5 million sq ft of industrial and logistics infrastructure in India.
The new developments are strategically located in Chennai—Sriperumbudur and Mapeddu, suitable for manufacturing tenants.
Logicap's overall plan is to develop a 13.5 million sq ft pan-India portfolio, with a focus on high-growth corridors such as Mumbai, Pune, Chennai, Bengaluru, and Delhi-NCR.
The growth of India's industrial and logistics sector is driven by the country’s burgeoning economy, population growth, increased demand for efficient infrastructure, and the government's ‘Make in India’ initiative.
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