Panattoni India to Invest Rs 210 Crore in New Logistics Park

By siliconindia | Wednesday, 28 May 2025, 07:08 Hrs

Panattoni India will invest Rs 210 crore to develop a 25-acre industrial and logistics park in Hosur, Tamil Nadu, marking its second project in India.
The project will offer 5.5 lakh sq. ft. of leasable space and is expected to be completed by Q2 2026.
Panattoni aims to strengthen its presence in India’s growing manufacturing and consumption sectors with long-term investment plans.

Panattoni India has revealed its intention to invest around Rs 210 crore to create a 25-acre industrial and logistics park in Hosur, Tamil Nadu, as part of its growth strategy in India. This initiative will mark Panattoni's second project in the country, after the ongoing establishment of a facility in the Delhi-NCR area.

The Panattoni Park, Hosur I will feature a leasable area of 5.5 lakh square feet, designed as a plug-and-play space suitable for a range of tenants, including e-commerce, 3PL providers, FMCG, and manufacturing firms. Construction is anticipated to start in the upcoming months, with project completion expected by the second quarter of 2026.

Sandeep Chanda, Managing Director of Panattoni India, said, “Our foray into the Hosur market underscores Panattoni's commitment to strengthening our presence in Tier-1 cities and high-potential warehousing corridors”. The project will be funded through a combination of investor capital and debt from financial institutions.

Robert Dobrzycki, CEO and co-owner of Panattoni Europe, UK, Middle East & India, emphasized, "India continues to be a priority geography in our global strategy. The launch of Panattoni Park, Hosur I, reflects our commitment to building a future-ready, pan-India industrial and logistics platform. Our long-term investment plans will continue to support India's expanding consumption and manufacturing base".

Panattoni, recognized for its international expertise, has made notable progress in industrial real estate with 22.3 million sq. m. delivered in Europe and a total of 56.3 million sq. m. worldwide, along with numerous ongoing projects. In July 2024, Panattoni India commenced its inaugural development, Panattoni Park NH71 in Delhi NCR, and intends to further extend its footprint in India’s expanding manufacturing and consumption markets.