"IndoSpace Chakan V – Powering the Future of Industrial India"

IndoSpace to Invest $120 Million in New Industrial Park in Pune.

IndoSpace has announced a $120 million investment to develop IndoSpace Chakan V, a new industrial and logistics park in Pune. Spanning 188 acres, this will be the company's eighth park in the region, increasing its total footprint in Pune to 525 acres. Strategically located in the rapidly growing Chakan-Talegaon industrial corridor, the park will offer built-to-suit (BTS) solutions to meet the growing demand from key sectors such as automotive, engineering, electronics, and third-party logistics. This development comes on the back of strong market absorption, with Pune’s industrial and logistics sector recording 6.7 million sq. ft. of space absorption in 2024. IndoSpace’s continued expansion underscores its commitment to bolstering India’s industrial infrastructure and supporting global and domestic supply chains. The new park is expected to attract leading industrial players and drive economic growth in the region.