EcoBox Industrial Parks, a newly formed operating platform of Logicap Advisors, backed by Alta Capital, has acquired 50 acres of land for greenfield logistic asset development in Chennai’s Mannur locality in the first land deal this year.
The company is planning to undertake industrial and logistics development spread over 1.2 million sq ft with an investment of over Rs 400 crore. The project located three kms from state highway 50 will cater to the increasing demand for modern industrial and logistics facilities.
“Mannur’s strategic location and connectivity make it an ideal site for addressing the growing demand for modern industrial infrastructure. This acquisition is an important step in expanding our presence in India’s key industrial regions,” said Ashish Shah, CEO, EcoBox Industrial Parks.
EcoBox Industrial Parks has also assumed management of the recent acquisitions by Logicap of 3.6 million sq ft of industrial assets from IndoSpace in Ranjangaon near Pune and Sri City near Chennai. With the addition of the Mannur site, EcoBox’s portfolio now totals 4.8 million sq ft of managed space since its formation in 2024.
Founded by Siddhartha Gupta in 2021, former MD of Blackstone India, Alta Capital is the sole operating partner of Rava Partners in India. Rava Partners is the real estate division of Singapore’s Hillhouse Investments. Rava Partners has invested over $2.5 billion in Asia of which over $1.1 billion is committed in India through Alta Capital.
Logicap Advisors, the logistics arm of Alta Capital, is among the fastest growing logistics infrastructure companies with a total portfolio of 13 million sq ft, fifth largest in India.
Strategically located in Tamil Nadu’s growing industrial ecosystem, the Mannur site acquired by EcoBox Industrial Parks has connectivity to key industrial corridors and Chennai’s manufacturing base. The project will be designed to support industries such as e-commerce, third-party logistics, and light manufacturing, strengthening the region’s supply chain infrastructure.
EcoBox Industrial Parks, a newly formed operating platform of Logicap Advisors, backed by Alta Capital, has acquired 50 acres of land for greenfield logistic asset development in Chennai’s Mannur locality in the first land deal this year.
The company is planning to undertake industrial and logistics development spread over 1.2 million sq ft with an investment of over Rs 400 crore. The project located three kms from state highway 50 will cater to the increasing demand for modern industrial and logistics facilities.
“Mannur’s strategic location and connectivity make it an ideal site for addressing the growing demand for modern industrial infrastructure. This acquisition is an important step in expanding our presence in India’s key industrial regions,” said Ashish Shah, CEO, EcoBox Industrial Parks.
EcoBox Industrial Parks has also assumed management of the recent acquisitions by Logicap of 3.6 million sq ft of industrial assets from IndoSpace in Ranjangaon near Pune and Sri City near Chennai. With the addition of the Mannur site, EcoBox’s portfolio now totals 4.8 million sq ft of managed space since its formation in 2024.
Founded by Siddhartha Gupta in 2021, former MD of Blackstone India, Alta Capital is the sole operating partner of Rava Partners in India. Rava Partners is the real estate division of Singapore’s Hillhouse Investments. Rava Partners has invested over $2.5 billion in Asia of which over $1.1 billion is committed in India through Alta Capital.
Logicap Advisors, the logistics arm of Alta Capital, is among the fastest growing logistics infrastructure companies with a total portfolio of 13 million sq ft, fifth largest in India.
Strategically located in Tamil Nadu’s growing industrial ecosystem, the Mannur site acquired by EcoBox Industrial Parks has connectivity to key industrial corridors and Chennai’s manufacturing base. The project will be designed to support industries such as e-commerce, third-party logistics, and light manufacturing, strengthening the region’s supply chain infrastructure.
