E - PAPER

CURRENT MONTH

LAST MONTH

VIEW ALL
  • HOME
  • NEWS ROOM
  • COVER STORY
  • INTERVIEWS
  • DRAWING BOARD
  • PROJECT WATCH
  • SPOTLIGHT
  • BUILDING BLOCKS
  • BRAND SYNC
  • VIDEOS
  • HAPPENINGS
  • E-MAGAZINE
  • EVENTS
search
  1. Home
  2. News/Views

TVS ILP Announces Strategic Partnership With Lingotto

TVS ILP Announces Strategic Partnership With Lingotto

BY Realty Plus
Published - Wednesday, 08 Nov, 2023
TVS ILP Announces Strategic Partnership With Lingotto

TVS Industrial and Logistics Parks Pvt Limited. (TVS ILP), a part of TVS Mobility Group, is proud to announce a strategic partnership with Lingotto, an investment management company owned by Exor N.V., the renowned global holding company with a strong track record of successful investments across diverse sectors.

This transformative partnership has been set in motion through a secondary stake sale by existing investor, British International Investor, the UK’s development finance institution (DFI). This secondary transaction has taken place at an Enterprise Value of ?2,800 crores, emphasizing the potential and size of TVS ILP. Lingotto shall onboard with a 21% shareholding in TVS ILP.

TVS ILP has been the first corporate developer leading the path in Grade A warehousing since its inception in 2005 with facilities Pan-India. Recognized for its unwavering commitment to excellence, TVS ILP is renowned for delivering best in-class warehousing and logistics solutions across India. The company’s ultimate aim is to be the trusted leader in integrated logistics parks, offering comprehensive services tailored to clients’ diverse needs. TVS ILP stands out for its exceptional project execution, ensuring prompt delivery and fostering enduring partnership with customers. The company has a diverse clientele encompassing industry leaders in sectors such as FMCG, FMCD, CDE, 3PL’s, Ecommerce and many more.

The company boosts a 20msf platform and has been instrumental in setting industry gold standards, in the largely unorganised Indian Logistics Parks space, with enviable operational parameters. With an Arjuna’s eye on the operational profitability, the company has been maintaining more than 98% occupancy over its long history, with a 100% utilisation for the past 6 years, exhibiting its business prowess, while holding true to its ‘Client First’ motto. Parallelly, following the DNA of its founders, the company has always been cognisant of its social responsibilities, and as a testament to its unwavering efforts in this direction, has been constantly humbled with accolades like Edge+ Champion from IFC (a member of World Bank Group).

Lingotto Investment Management LLP (Lingotto) is an independent and entrepreneurial investment management company based in London. It is wholly owned by Exor N.V., one of Europe’s largest diversified holding companies, and is authorised and regulated by the Financial Conduct Authority. Its purpose is to deliver attractive long-term returns through a complementary, differentiated, and unique investment approach. It provides talented investment professionals a home in which they can pursue their passion for investing through an attractive combination of autonomy and structured support.

Commenting on the partnership, Ravi Swaminathan, Vice Chairman of TVS Industrial and Logistics Parks Pvt Limited., said: “Our vision is to create tech enabled infrastructure solutions to the warehousing and logistics parks industry. We have delivered robust growth for nearly two decades due to evolving customer demands for more sustainable and innovative products.  Now is the time to bring the company to the next level by strategically investing in its future. To achieve this, we welcome the Lingotto as a valued strategic partner.  The Board is convinced that this action will secure the long-term success of the company and benefit all stake holders.”

Commenting on the partnership Ashish Kaushik, Partner at Lingotto, said: “TVS ILP is a pioneer in providing logistics and infrastructure solutions to the warehousing and logistics parks industry.  TVS ILP is now poised for the next phase in its Pan-India growth and we are excited to join the company for accelerating their growth trajectory.  We look forward to working closely with TVS ILP.”

Commenting on the partnership, Srini Nagarajan, Managing Director & Head of Asia at British International Investment (BII) Group said: “Our partnership with TVS ILP is a great example of how BII invests for positive social and environmental outcomes. Together, we have helped to create job opportunities and promote green building practices across all of TVS ILP’s warehouses, resulting in lower energy and water consumption and reduction in greenhouse emissions. As we welcome Lingotto to the partnership, we remain committed to supporting TVS ILP’s growth as a leader in the integrated warehousing sector.”

 

RELATED STORY VIEW MORE

Assetz Unveils 700+ Plots in a Landmark Plotted Development
Brigade Group Acquired Strategically Located 11-Acre Land In Whitefield
Co-Living in India To Grow Threefold By 2030

TOP STORY VIEW MORE

HC Relief to WTCA on Trademark Row

WTCA expressed gratification for the High Court of Delhi recognizing that the Bhalla Group of Companies was continuing to infringe on its world-famous brands.

09 May, 2025

Beyond Chatbots: Changing Real Estate Customer Conversations

09 May, 2025

Instant, Legal Access to U.S. Property Equity Market for Indian Investors

09 May, 2025

NEWS LETTER

Subscribe for our news letter


E - PAPER


  • CURRENT MONTH

  • LAST MONTH

Subscribe To Realty+ online




Get connected with us on social networks!
ABOUT REALTY+

Started in 2004, Realty+, an exchange4media group publication is one of the most respected real estate magazines in India with offices in Delhi, Mumbai and Bengaluru.

Useful links

HOME

NEWS ROOM

COVER STORY

INTERVIEWS

DRAWING BOARD

PROJECT WATCH

SPOTLIGHT

BUILDING BLOCKS

BRAND SYNC

VIDEOS

HAPPENINGS

E-MAGAZINE

EVENTS

OTHER LINKS

TERMS AND CONDITIONS

PRIVACY-POLICY

COOKIE-POLICY

GDPR-COMPLIANCE

SITE MAP

REFUND POLICY

Contact

Mediasset Holdings 3'rd Floor, D-40, Sector-2, Noida (Uttar Pradesh), Pincode - 201301

tripti@exchange4media.com
realtyplus@exchange4media.com

+91 98200 10226


Copyright © 2024 Mediasset Holdings.
Rental Mobil bandung,Sewa Mobil Bandung, Rental bandung, Sewa Mobil, Jual Mesin Antrian, Harga Mesin Antrian, Mesin Antrian Murah, Jual KIOSK,Mesin Antri, Berita Terkini, Info Bray,Info Tempat Wisata,Portal Berita,Jasa Website