TVS ILP forays into Siliguri to boost cross border trade

TVS Industrial & Logistics Parks (TVS ILP) has strengthened its presence in the East India market with the recent acquisition of a new state-of-the-art industrial facility in Siliguri by investing ₹50 crore to enhance cross-border trade.

Spanning 1.40 lakh sq. ft. on a 5.66-acre plot in Fulbari, this new facility marks TVS ILP as the first major developerto establish a presence in the city, solidifying its role as a pioneer in delivering Grade A industrial infrastructure across the country, the leading developer of industrial and logistics parks, said in a statement.

“The city’s position as a gateway to Northeast India makes it an ideal hub for cross-border trade, and our facility is designed to streamline these operations, ensuring smooth and efficient logistics for our customers,” said Executive Director Aditi Kumar.

As consumption in Tier-2 and Tier-3 cities like Siliguri continues to rise, we are committed to capitalising on this growth by providing state-of-the-art infrastructure that meets modern business needs,” he said.

In addition to the new facility in Siliguri, TVS ILP has an existing project in Cuttack and is actively pursuing further expansion opportunities. This growth strategy is focused on tapping into the vast potential of untapped Tier 2 and Tier 3 markets across East India. By investing in these emerging regions, TVS ILP is enhancing regional trade and logistics infrastructure.