Aequs Infra, one of India’s leading developers of large-format industrial clusters, has appointed Shyam Kalyanasundaram as its new Chief Executive Officer. Kalyanasundaram, formerly the Executive Director – Revenue at IndoSpace, brings a wealth of experience in the industrial and logistics real estate sector to steer the company’s ambitious growth plans.
As part of its strategic expansion, Aequs Infra is set to develop 12 million sq. ft. of manufacturing and warehousing parks across key cities in South India. The new facilities will be located near high-growth industrial corridors such as Bengaluru and Chennai, aligning with the nation’s broader push to boost domestic manufacturing and improve logistics infrastructure.
The company plans to invest over ?2,000 crore in this expansion, with construction costs estimated at ?2,000 per square foot. This move aims to position Aequs Infra as a major industrial hub across South India, facilitating the integration of global supply chains with India’s emerging manufacturing sectors.
With Kalyanasundaram at the helm, Aequs Infra is set to evolve into a pan-South India industrial platform, providing state-of-the-art infrastructure for businesses looking to capitalize on India’s growing industrial capabilities.