Game Changer in Indian Logistics: IndoSpace’s INR 30 Billion Industrial Parks Acquisition Sets New Benchmark

IndoSpace Development Management Pvt Ltd has successfully acquired six industrial and logistics parks collectively valued at INR 30 billion (approx. C$471 million), underscoring its robust growth strategy in India’s supply chain infrastructure sector. This acquisition, funded in partnership with Canada Pension Plan Investment Board (CPP Investments), expands IndoSpace Core’s portfolio by 9 million square feet across 380 acres located in prime markets including Bengaluru, Chennai, Delhi, Mumbai, and Pune.

 

The transaction strengthens IndoSpace’s leadership as India’s largest operator of stabilized industrial and logistics real estate assets, serving over 120 global and domestic companies. Anshuman Singh, Managing Director and CEO of IndoSpace, stated this move reflects sustained institutional confidence in India’s logistics sector, driven by urbanization and expanding manufacturing.

 

With over 60 million square feet developed and under development, IndoSpace continues to align with the government’s National Logistics Policy and PM Gati Shakti vision by delivering scalable, sustainable, and technology-enabled infrastructure. The acquisition further enhances IndoSpace’s role as a vital enabler in India’s evolving industrial ecosystem.

 

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Sources: Canada Pension Plan Investment Board, IndoSpace, Business Standard, Newswire Canada​