Avigna leases one million sq ft of warehousing space at Hosur Park in Tamil Nadu



Avigna Industrial & Logistics Park has leased one million sq ft space of industrial warehouse at Hosur Park in Tamil Nadu to three different companies, Abhijit Verma, Executive Director & CEO at Avigna Group said.


The company has handed over 58,000 sq ft to the multinational manufacturer of home appliances, Whirlpool, marking Avigna’s first venture with a Fortune 500 company.


In addition to this, they have handed over 2.54 lakh sq ft to consumer supply chain company Stellar Value Chain and 3.44 lakh sq ft space to online mattress brand Wakefit along with a grade A built-to-suit facility of 2.69 lakh sq ft for them.


“It gives me immense pride to announce our first milestone in handing over the facility to the first set of blue-chip brands. This is a great achievement for Avigna Group and a step ahead in our vision to bring a holistic approach to the Indian warehousing space by integrating state of the art technology, logistics and supply chain” said Abhijit Verma, Executive Director & CEO at Avigna Group.


Avigna Group is looking at a Pan India expansion and is currently building warehousing space of 3 million sq.ft each in in Hosur(Tamil Nadu) and Hoskote(Karnataka), 1 million sq. ft each in Chennai(TN) and Nellore((Andhra Pradesh) and 2 million sq.ft in Madurai(TN).


Besides this, Avigna Group is envisaging to expand its base at Bhiwandi in Mumbai, Farruknagar in Haryana, Jaipur and Kolkata.


Source: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/avigna-leases-one-million-sq-ft-of-warehousing-space-at-hosur-park-in-tamil-nadu/articleshow/83169622.cms

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