A fourth-party integrated logistics and supply chain company has invested approximately ?640 crore in developing Phase II of a Grade-A logistics park in Polivakkam, Chennai. The company had earlier invested ?250 crore in Phase I, and the overall project spans 20 lakh sq ft.

According to the company’s managing director, Polivakkam is a key hub in their long-term expansion plans, with the region emerging as a logistics hotspot due to its proximity to the Sriperumbudur–Oragadam industrial cluster.

With the latest investment, the company’s total allocation toward the Polivakkam logistics hub stands at ?890 crore. The expansion consists of two segments—Phase 2A, a standard facility scheduled to be operational by mid-2025, and Phase 2B, which will cater to built-to-suit (BTS) requirements.

The company currently operates across 48 cities, managing more than 15 million sq ft of owned warehouses and logistics parks, and has a global presence in over 105 countries.

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