Logistics Park: $ 37 million will be invested for the construction of logistics park in Karnataka, know details.

Industrial and logistics developer Logi Spaces has tied up with AA Holdings for the construction of Logistics Park in Narasapura, Karnataka. About three hundred crore rupees will be spent on the construction of this project. In a statement, AA Holdings, which was recently formed by Abhijit Verma, said it has entered into a joint venture with Logi Space to invest US$ 37 million for the development of a one million sq ft industrial and logistics park. has made. The project is targeted to be completed by September 2023.

Verma, MD & CEO, AA Holdings said, “As part of our endeavor to enable local landlords and aggregators to become successful micro-entrepreneurs and to meet the need of quality business institutions in the country, we have set up AA to provide them the right guidance and mentorship. Holdings established.

Along with this, he said that we will develop a one million square feet industrial and logistics park in the suburbs of Karnataka at a cost of 37 million USD. The project will be executed in a joint venture with Logiy Spaces.