On Wednesday, ESR India is an industrial and logistics real estate platform said it has added 44 acres to its existing park in Oragadam and will invest another Rs 260 crore for construction and development. ESR India, an industrial and logistics real estate platform, on Wednesday, said it has added 44 acres to its existing park in Oragadam and will invest another Rs 260 crore for construction and development.

The acquisition will help ESR Oragadam Industrial & Logistics Park become an 80-acre park.
Oragadam is a hub for automobile, auto-ancillary, renewable energy, research and development centres, third-party logistics, electronics, aerospace, and defence.

• PM Modi to Seek Ideas for Sustaining Growth Amid Global Uncertainties
• Meta’s Ray-Ban Smart Glasses May Soon Display Notifications on Built-in Screens
• President to Award Pradhan Mantri Rashtriya Bal Puraskar to 17 Children on 26th December
• Akums Drugs Inks a Rs 1,760 Crore CDMO Agreement
• China to Raise Deficit and Increase Spending in 2025

“We are thrilled to expand our operations in Oragadam, which has emerged as a renowned destination for indigenous as well as global companies wanting to expand their operations in India. Infrastructure development backed by state government’s support has boosted industrial activity in this region and increased demand for Grade A facilities making it a favourable destination for expansion and consolidation,” said Abhijit Malkani, CEO & Country Head of ESR India.