TVS ILP signs MoU for 10-acre logistics park in Siliguri
The project aims to improve regional logistics efficiency and support Grade A warehousing demand across Northeast India and neighbouring trade corridors.
TVS Industrial & Logistics Parks (TVS ILP) has signed a Memorandum of Understanding (MoU) for 10 acres of land in Siliguri, expanding its presence in the Eastern market. The proposed logistics park is aimed at strengthening regional logistics infrastructure and supporting the growing demand for organised Grade A warehousing in the region.
The MoU was signed in the presence of Dr. Ramnath Subramaniam, Joint Managing Director, TVS ILP, and Mr. Jayesh Sinhal, Executive Director, Ram Niwas Group, Kolkata, along with their respective teams.
Located at the gateway to Northeast India, Siliguri offers multimodal connectivity and acts as a key transit hub connecting domestic and international trade corridors, including Nepal, Bhutan and Bangladesh. According to the company, the development is expected to improve regional logistics efficiency, support local businesses and contribute to employment generation.
Commenting on the development, Ramnath Subramaniam said West Bengal remains an important market for industrial and logistics growth due to its strategic location and strong regional connectivity. He said Siliguri plays a critical role as a gateway to Northeast India and neighbouring international markets, making it a highly relevant logistics hub.
He added that sectors such as e-commerce, FMCG, pharmaceuticals and regional distribution networks are expanding their presence in the region, leading to growing demand for organised Grade A warehousing. He also noted that the development marks TVS ILP’s second major investment in West Bengal, reinforcing the company’s long-term commitment to the state.
With this investment, TVS ILP said it is strengthening its presence in East India while contributing to the formalisation and growth of West Bengal’s logistics and industrial ecosystem. The company added that the project builds on its earlier MoUs with the governments of Telangana and Karnataka as part of its broader expansion across key industrial and logistics hubs in India.