Deloitte's recent report projects that India's residential construction sector will grow to USD 350 billion by 2030, fueled by urbanization, rising incomes, and government policies. Key growth areas include building materials, consumer electricals, home furniture and decor, home security, paints and construction chemicals, and flooring. Branded products, digital awareness, and energy-efficient trends are expected to further drive growth. The report highlights the potential of tier-2 and tier-3 cities in shaping the future of India's residential construction market.Read more
TVS Industrial & Logistics Parks (TVS ILP) has entered eastern India with a 1.40 lakh sq ft grade A industrial facility in Siliguri, West Bengal. Situated on a 5.66-acre plot in Fulbari, the facility caters to rising demand for strategic supply chain solutions and cross-border trade, leveraging Siliguri's role as the 'Gateway of North-East India.' The site, hosting a major e-commerce player and offering build-to-suit options, aligns with TVS ILP's focus on tier-II and tier-III markets. With an existing project in Odisha and plans for Guwahati, TVS ILP operates in over 13 cities and aims to expand further annually.Read more
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