KSH INFRA Announces ₹1,250 Crore Industrial and Logistics Fund; Appoints Shailesh Agrawal to Lead AIF
Mumbai, May 1, 2026: KSH INFRA, a prominent developer specializing in sustainable Grade A industrial and logistics infrastructure, has announced plans to establish a Category II Alternative Investment Fund (AIF). The proposed fund platform will focus on high-growth opportunities within the industrial and logistics sector, targeting a corpus of approximately ₹1,250 crore ($140 million). The company anticipates securing an additional ₹500 crore ($60 million) through co-investment commitments, bringing the total investment capacity to roughly ₹1,750 crore, the company said in a press release.
To spearhead this institutional initiative, KSH INFRA has appointed Shailesh Agrawal as Head of Fund Management. An alumnus of IIT Madras and IIM Ahmedabad, Agrawal brings over 15 years of experience in private equity, corporate strategy, and fund management, having previously led strategy and capital raising at Welspun One. The fund is slated to invest in greenfield Grade A assets across prime industrial corridors in West and South India, specifically targeting Mumbai, Pune, Chennai, and Bengaluru.
Sundaresan Vaidyanathan, CEO at KSH INFRA said, “As we scale our industrial and logistics platform, raising fund-style capital is a natural next step. The plan to launch of our AIF strengthens our ability to partner with long-term investors and accelerate development across key markets. Shailesh brings a strong track record in fund management and deep understanding of real asset investing. We are confident his leadership will help institutionalize and scale our fund platform.”
The move comes at a time of structural shifts in the Indian economy, fueled by a rise in domestic manufacturing and the formalization of supply chains. Shailesh Agrawal, Head – Fund Management, KSH INFRA commented, “India’s logistics and manufacturing ecosystem is undergoing structural transformation, driven by manufacturing growth, supply chain formalization, and growing adoption of 3PL services, leading to increasing demand for Grade A real estate spaces. Development capital, deployed with underwriting discipline and operating expertise, can generate compelling risk-adjusted returns. KSH INFRA’s operating expertise, development track record, prior experience of working with institutional investors and focus on industrial tenants provide a solid foundation to build a differentiated institutional platform.”
KSH INFRA has a documented history of successful partnerships with global institutional giants, including Morgan Stanley, Mapletree, Indospace, and the Pacific Century Group, having already executed 7 million square feet of projects with an investment of ₹2,000 crore. Most recently, in October 2025, the firm joined forces with WSB Real Estate Partners for a ₹475 crore project in Hosur. With 3 million square feet currently under development, the new AIF is expected to be a primary vehicle in reaching the company’s ambitious goal of adding 10 million square feet of space to its portfolio by 2030.
