Mumbai, July 7 -- Ganesh Industrial Complex plans to invest Rs six billion (bn) in new industrial parks in the Delhi-NCR region to meet rising demand for manufacturing and warehousing facilities along highways and expressways. The Kolkata-based developer is developing one industrial park at Sohna and is acquiring land for additional projects in Haryana, envisaging its Delhi-NCR footprint to be about 110 acres. A company official said the move leverages improving infrastructure and occupier preference for better connectivity.
In Delhi-NCR and West Bengal the developer holds a land bank of over 2,500 acres, including more than 1,000 acres earmarked for future projects. The company currently operates four industrial parks in West Bengal spread across 1,268 acres, with two completed, one scheduled for completion this year and another at the planning stage. The managing director noted that the Delhi-NCR expansion is being driven by new logistics belts and strong demand from manufacturing and warehousing sectors.
Ganesh Industrial Complex differs from many industrial park developers by monetising projects primarily through outright sale of developed industrial plots rather than long-term leasing, leaving occupiers to determine whether to establish factories, warehouses or integrated facilities. Anchor clients across its industrial parks include Amazon, Kirloskar, Reliance, Campa Cola, Lumino Industries, Flipkart and RedTape. The developer intends to replicate its experience in eastern India, focusing on road connectivity, power infrastructure, regulatory compliance and access to airports, ports and logistics networks.
The company has developed more than 43.79 million (mn) square feet of industrial park space and serves over 1,000 clients. It emphasises creation of an ecosystem and supply chain around each facility to support occupiers beyond the sale of land. The developer expects Delhi-NCR to remain a key growth market as manufacturers and logistics operators increasingly seek integrated, infrastructure-ready industrial ecosystems that enable faster project implementation and supply-chain efficiencies.
Published by HT Digital Content Services with permission from Construction World.