TVS ILP to invest ₹200 cr to develop logistics park in Karnataka

TVS ILP has signed a MoU worth ₹200 crore with the Karnataka government to develop tech-enabled industrial and logistics parks in the state. The investment will strengthen Karnataka's industrial ecosystem. The company currently operates 14 industrial and logistics parks across South India, with tenants from sectors such as e-commerce, manufacturing, FMCG/FMCD, automobiles, 3PL, and startups.