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US-based industrial real estate major Panattoni will invest EUR 100 million (approx. INR 900 crore) to expand its presence in India's key industrial corridors. The investment includes Panattoni Park Hosur I, a 25-acre Grade-A industrial and logistics park in Hosur, Tamil Nadu. The park will serve sectors such as e-commerce, 3PL, FMCG, and manufacturing, with Phase 1 offering 550,000 sq. ft. of built-up space. Construction starts in Q3 2025, with completion slated for Q2 2026. The project will incorporate green building and ESG standards. This follows Panattoni's first Indian project, Panattoni Park NH71 in Delhi NCR, launched in 2024. The company's expansion aligns with India's rising demand for modern logistics infrastructure, driven by strong economic growth and government supply chain initiatives. The Hosur project is expected to boost regional economic activity and position Hosur as an emerging logistics hub.
Panattoni, a leading US-headquartered industrial real estate player, has revealed plans to invest approximately EUR 100 million, which amounts to nearly INR 900 crore, to advance its operations across India's strategic industrial corridors. The centrepiece of this investment is Panattoni Park Hosur I, a 25-acre Grade-A industrial and logistics park being developed in Hosur, Tamil Nadu. This will be the company's second major development in India, following its earlier foray into the Delhi NCR region. Advertisement
The Hosur park is designed to support a wide range of industries including e-commerce, third-party logistics (3PL), fast-moving consumer goods (FMCG), and manufacturing. Phase 1 of the development will feature a built-up area of 550,000 square feet. Construction is expected to kick off in the third quarter of 2025, with the project's completion targeted for the second quarter of 2026.
The facility will be constructed to international standards, incorporating green building features and sustainable practices in alignment with Panattoni's global ESG (environmental, social, and governance) objectives. This reflects the company's broader push towards environmentally responsible infrastructure development across all its international markets.
This announcement follows the launch of Panattoni's maiden Indian venture, Panattoni Park NH71, located in Delhi NCR. That project, which was initiated in July 2024, comprises a built-up area of approximately 360,000 square feet and is currently under construction. With both parks underway, Panattoni is reinforcing its commitment to India's evolving logistics and industrial real estate space.
Sandeep Chanda, Managing Director - India at Panattoni, remarked that the Hosur park will play a vital role in helping clients enhance their operational agility and reduce time-to-market, especially those looking to establish or expand operations around Bangalore. He indicated that the company's strategic expansion in high-potential warehousing corridors and Tier-1 cities aligns with the growing need for modern logistics infrastructure in India.
The move by Panattoni is also part of a broader trend of global real estate developers deepening their presence in India, encouraged by the country's strong economic outlook, rising consumption, and government initiatives aimed at strengthening supply chains and infrastructure. With India emerging as a major player in global manufacturing and distribution networks, investments such as these are expected to further fuel the sector's momentum.
By committing close to INR 900 crore and prioritising sustainability and operational efficiency, the firm is not only creating world-class infrastructure but also reinforcing its trust in India's long-term industrial growth. This development is poised to catalyse more regional economic activity while attracting ancillary industries, enhancing Hosur's profile as a logistics hotspot. As India continues to modernise its supply chain ecosystem, Panattoni's projects are likely to be seen as benchmarks in future industrial real estate development.
Source: PTI
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