TVS ILP signs ₹10 billion MoU with Tamil Nadu to boost logistics infrastructure

TVS Industrial & Logistics Parks (TVS ILP) has signed a ₹10 billion (₹1,000 crore) Memorandum of Understanding (MoU) with the Government of Tamil Nadu to expand industrial and logistics infrastructure across the state.

The agreement was signed during the VETTRI Tamil Nadu Investment Conclave 2026 in the presence of Tamil Nadu Chief Minister C. Joseph Vijay and Industries Minister S. Keerthana. The investment is projected to create approximately 1,500 jobs and aims to strengthen supply chains for sectors including e-commerce, automobiles, fast-moving consumer goods (FMCG), and fast-moving consumer durables (FMCD).

TVS ILP, which already operates ten industrial and logistics parks in the state, intends to develop tech-enabled, Grade-A assets to support Tamil Nadu’s goal of becoming a $1.5 trillion economy by 2036.