Avigna begins work at its warehousing project in Hoskote

Expanding its industrial warehouses in the country, Avigna Industrial & Logistics Park has ventured into Hoskote, one of the pivotal industrial spaces of Karnataka, with a 4 million sq ft Grade A warehousing facility.

With an investment of Rs 500-600 crore, the project will be the largest asset in the area, said a press release.

The park will have a Grade A warehousing capacity to cater to the most technologically advanced requirement for supply chain management. Avigna plans to hand over the first 1 million sq ft of the park in 2022-23, it said further.

The company recently leased out 1 million sq. ft space of industrial warehouse at Hosur Park in Tail Nadu to marquee brands such as Whirlpool, Wakefitand Stellar Value Chain and is looking forward to achieve similar success with the Hoskote Industrial Park, added the release.

“We are delighted to announce that the construction of industrial warehouse has begun after the laying of the foundation stone at Hoskote, Karnataka. Such a development will fill a gap in the demand for modern, state-of-the-art warehousing and logistics facilities in India for which we are already in discussion with multiple clients,” said Abhijit Verma, Executive Director and CEO at Avigna Group.