It Expands East India Footprint
FinTech BizNews Service
Mumbai, 6 May 2026: TVS Industrial & Logistics Parks (TVS ILP), India’s first corporate developer in warehousing and industrial logistics infrastructure, has signed a Memorandum of Understanding (MoU) for 10 acres of land in Siliguri, expanding its presence in the Eastern market. The MoU was signed in the presence of Dr. Ramnath Subramaniam, Joint Managing Director, TVS ILP, and team along with Mr. Jayesh Sinhal, Executive Director, Ram Niwas Group, Kolkata and team.
Strategically located at the gateway to Northeast India, Siliguri offers strong multimodal connectivity and serves as a critical transit hub linking key domestic and international trade corridors, including Nepal, Bhutan, and Bangladesh.
This development aligns with TVS ILP’s strategy to expand its footprint across high-potential logistics hubs in East India. The proposed park is expected to enhance regional logistics efficiency, support local businesses, and contribute to employment generation, while enabling a shift towards organised, Grade A warehousing in the region.
Commenting on the development, Dr. Ramnath Subramaniam, Joint Managing Director, TVS ILP, said “West Bengal is an important market for industrial and logistics growth, supported by its strategic location and strong regional connectivity. Siliguri plays a critical role as a gateway to Northeast India and neighbouring international markets, making it a highly relevant logistics hub. With sectors such as e-commerce, FMCG, pharma and regional distribution networks expanding their footprint, we see strong demand for organised, Grade A warehousing in this region. This development also marks our second major investment in West Bengal, reinforcing our long-term commitment to the state.”
With this investment, TVS ILP strengthens its presence in East India while contributing to the formalisation and growth of West Bengal’s logistics and industrial ecosystem. This builds on its earlier MoUs with the governments of Telangana and Karnataka, as part of its broader expansion across key industrial and logistics hubs in India. The company continues to actively pursue growth opportunities, with a strong pipeline of developments across high-potential emerging markets.
TVS Industrial & Logistics Parks (TVS ILP); India’s corporate developers in warehousing and industrial logistics infrastructure; multimodal connectivity offered by Siliguri
Strategically located at the gateway to Northeast India, Siliguri offers multimodal connectivity and serves as a critical transit hub
