Infrastructure | Tata group to invest in eight logistics parks

Infrastructure | Tata group to invest in eight logistics parks
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First Published: Sat, May 23 2009. 12 40 AM IST
Updated: Sat, May 23 2009. 12 40 AM IST
New Delhi: The Tata group plans to invest Rs2,000 crore to develop eight logistics parks over the next four-five years.
“The investment will be made through Tata-owned Tata Realty and Infrastructure Ltd and Drive India Enterprise Solutions Ltd,” Drive India chief executive Ajay Chopra said on Friday.
Four of these logistics parks will come up at Gurgaon, Kolkata, Nagpur, and Gurgaon-Jaipur highway, while the fifth will either be in Chennai or Hyderabad.
The eight logistics parks will cover an area of 38.5 million sq. ft.
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First Published: Sat, May 23 2009. 12 40 AM IST