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Ample Parks to invest Rs 800 crore in Chennai's Mahindra World City

Business Standard LogoBusiness Standard10h ago

Ample Parks to invest Rs 800 crore in Chennai's Mahindra World City - Business Standard

Quick Summary:

India’s industrial and logistics sector represents a tremendous investment opportunity, with the country’s market strongly benefiting from a boom in consumer demand domestically and a realignment of supply chains globally in favour of India, with many corporations implementing a China Plus One strategy.

Brian Chinappi, partner and head of real estate at Actis, commented: “I’m delighted to see Ample Parks get off the ground with this first acquisition.

Akash Rastogi, chief executive officer and director at Ample Parks, said: “We are thrilled to launch our presence in Chennai at one of the most preferred industrial locations.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-05 @ 16:08:03 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 800 words

Reading Time: 5 minutes read

Sentences: 28 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21930419

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 300 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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  • URL: https://beamstart.com/news/ample-parks-to-invest-rs-17228550997157

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