Avigna Industrial & Logistics Park has leased out their first one million sq-ft space of industrial warehouse at Hosur Park in Tamil Nadu to marquee brands.
The company has handed over 58,000 sq-ft to the multinational manufacturer of home appliances, Whirlpool, marking Avigna’s first venture with a Fortune 500 company. In addition to this, they have handed over 2.54 lakh sq-ft to one of the largest consumer supply chain companies in the country Stellar Value Chain and 3.44 lakh sq-ft space to India’s top rated online mattress brand Wakefit along with a grade A built-to-suit facility of 2.69 lakh sq-ft for them.
“This is a great achievement for Avigna Group and a step ahead in our vision to bring a holistic approach to the Indian warehousing space by integrating state of the art technology, logistics and supply chain,” said Abhijit Verma, executive director & CEO at Avigna Group. “The precision with which we were able to deliver during these difficult times, got clients coming back to us providing EOIs and LOIs for all India requirements which in turn has helped in accelerating the growth plan of Avigna Group”.
Avigna Group is looking at a pan-India expansion and currently building warehousing space of 3 million sq-ft each in in Hosur (Tamil Nadu) and Hoskote (Karnataka), one million sq-ft each in Chennai and Nellore (Andhra Pradesh) and 2 million sq-ft in Madurai. Besides this, Avigna it’s envisaging to expand its base at Bhiwandi in Mumbai, Farruknagar in Haryana, Jaipur and Kolkata.
Source : Construction Week Online
