Embassy Industrial Parks have announced its entry into South India where it has acquired 60 acres of real estate in Hosur and is planning to build a warehousing facility spread across 1.3 million sq ft. The total cost for the project is 280 crore. The strategic location offers a great opportunity to Embassy Industrial Parks’ clients to meet the needs of the consumers.
Aditya Virwani, COO, Embassy Group, & Spokesperson, Embassy Industrial Parks, says, “Bengaluru is the hub of various industries including auto, auto ancillary, and other manufacturing units, and is also an IT hub and head office to numerous leading e-commerce brands. We are happy to share the construction of our industrial park is progressing and we already have seen interest from our existing clients in the Hosur under construction project. The pandemic has slowed the process but as soon as we come out of this, things will surely speed up. Hosur with its close proximity to Bengaluru city is a promising location.”
