Panattoni, the US-based industrial real estate developers has announced its expansion plan for Panattoni Park, Hosur I, a 25-acre development in Tamil Nadu, thus marking its expansion across Southern India.
The project cost will be ₹210 crore. This is Panattoni’s second project in India with first being at Park NH71 in Delhi NCR announced in July 2024, with a 360,000 sq ft facility currently under construction.
The company plans to invest around €100 million over the next few years to scale its footprint across India’s key consumption and industrial hubs, says a release.
The first phase at Hosur features a built-up area of 550,000 sq ft. Construction is set to begin in the third quarter of 2025, with completion expected in the second quarter of 2026. It will cater to a diverse mix of occupiers — from e-commerce and 3PL players to FMCG and manufacturing companies, the company said. The development will also integrate sustainable building practices, aligned with Panattoni’s global ESG commitment, it added.
Priority geography
“India continues to be a priority geography in our global strategy. The launch of Panattoni Park, Hosur I, reflects our commitment to building a future-ready, pan-India industrial and logistics platform. Our long-term investment plans will continue to support India’s expanding consumption and manufacturing base,” said Robert Dobrzycki, CEO and co-owner of Panattoni Europe, UK, Middle East & India.
“Our foray into the Hosur market underscores Panattoni’s commitment to strengthening our presence in Tier-1 cities and high-potential warehousing corridors,” said Sandeep Chanda, Managing Director – India, Panattoni.
Published on May 28, 2025
Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
