Panattoni India Development Pvt Ltd, part of the global Panattoni Group, has announced an investment of approximately ₹210 crore to develop a 25-acre Grade A industrial and logistics park at Hosur in Tamil Nadu. Dubbed Panattoni Park, Hosur I, the facility will offer around 5.5 lakh sq ft of plug-and-play leasable space, targeting e-commerce firms, third-party logistics operators, FMCG companies, and manufacturers.
Construction is slated to begin in the coming months, with completion expected by the second quarter of 2026. The project will be financed through a combination of equity from a strategic investor partner and debt from financial institutions. Sandeep Chanda, Managing Director of Panattoni India, highlighted that this development marks the company’s strategic expansion into high-potential warehousing corridors beyond its inaugural Delhi-NCR project, Panattoni Park NH71.
Since entering Asia in 2022, Panattoni has delivered more than 22 million sq m of industrial space in Europe and over 56 million sq m globally. An additional 3.1 million sq m is currently under construction in Europe, demonstrating the group’s expertise in large-scale logistics ventures. Robert Dobrzycki, CEO of Panattoni Europe, UK, Middle East & India, noted that the Hosur park will strengthen India’s manufacturing and consumption base by providing future-ready, sustainable infrastructure.