The Indian logistics park developer TVS Industrial & Logistics Parks (TVS ILP) is planning to launch an Infrastructure Investment Trust (InvIT) for generating growth capital for funding future growth plans of the company according to Ramnath Subramaniam, Executive Director at TVS Infrastructure Investment Manager (TVS IM).
As per plans, all the assets which are currently rent yielding in TVS ILP will be shifted to the InvIT platform and once the InvIT issue is completed every year-ready assets will be shifted to this InvIT platform," said Subramaniam.
"InvIT is an excellent investment platform created by Government of India to channelise long-term external and domestic funds to participate in hard assets that are rent yielding" he said.
TVS IM is a wholly owned subsidiary of TVS ILP and has been appointed to act as the investment manager to TVS Infrastructure Trust, an InvIT set-up as per the Securities and Exchange Board of India (SEBI) regulations.
InvITs are investment instruments that work like mutual funds and are regulated by the SEBI. In 2014, SEBI gave a nod for Real Estate Investment Trusts (REITs) and InvITs to launch in India.
Subramaniam believes that InvIT will be able to generate capital and fund TVS ILP's future growth and he spoke to Indian Transport & Logistics News (ITLN) about the challenges, opportunities and future of the Indian warehousing sector.
Denne historien er fra July - August 2024-utgaven av Indian Transport & Logistics News.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra July - August 2024-utgaven av Indian Transport & Logistics News.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
BLR Airport reports highest-ever cargo tonnage in CY2024
Kempegowda International Airport Bengaluru (BLR Airport) reported its highest-ever annual cargo tonnage of 496,227 MT, reflecting strong performance in both international and domestic segments during the calendar year 2024 (CY 2024), a 17 percent increase compared to CY 2023.
Alta Capital-owned EcoBox Industrial Parks acquires 50 acres in Chennai
Ene coBox Industrial Parks, a newly formed operating platform of Alta Capital's Logicap Advisors, has acquired 50 acres of land for greenfield development in Mannur, Chennai.
Will Indian air cargo growth outpace structural challenges?
India's air cargo industry is poised at a turning point, fueled by rapid economic growth, government initiatives like Make in India, and rising global demand for electronics, pharmaceuticals, and perishable exports. However, the sector faces hurdles such as overreliance on a few airports, infrastructure gaps, and geopolitical shifts. Will India's air cargo soar to global leadership or struggle under these challenges?
Allcargo Terminals renews partnership with CWC Mundra
Sout peedy Multimodes, a subsidiary of Allcargo Terminals, has renewed its partnership with Central Warehousing Corporation (CWC) Mundra for six years.
Sumadhura leases warehouse to Zepto, NX Logistics in Bengaluru
Sumadhura Group has leased a 1.8 lakh sq. ft warehousing facility to Zepto and NX Logistics India (Part of Nippon Express) at the 100-acre Sumadhura Logistics Park in Bengaluru.
Blue Dart unveils India's largest integrated operating facility in Delhi
Blue Dart has launched India's largest low-emission integrated operating facility of 2.5 lakh sq ft in Bijwasan, Delhi.
Charting India's automotive logistics future amidst disruption, innovation
Pune hosted Auto SCM Summit 2024, where industry leaders gathered to navigate the complexities of India's automotive supply chain. Key themes included inventory planning, geopolitical disruptions, technological advancements, and the transition to sustainable transportation.
JNPA reports highest-ever container throughput of 7 mn TEUS in CY2024
Jawaharlal Nehru Port Authority (JNPA) handled the highest-ever container throughput of 7.05 million TEUS in the calendar year 2024 (from Jan-2024 to Dec-2024) which is 11 percent higher as compared to the previous calendar year 2023.
Air India expands SATS, WFS ties with 14 new global contracts
Air India has extended its collaboration Awith SATS and its wholly owned subsidiary Worldwide Flight Services (WFS) by awarding 14 new cargo and ground handling contracts across major international airports.
Supply chain challenges of personalised drugs, and ways to tackle them
The task for all players in the chain is to remember what is at stake here a patient’s life and how best to ensure medicines reach them on time and in desired condition.
