Positive impactCompany
TVS ILP leases 80k sq ft at Visakhapatnam park in Andhra to Yokohoma group
Economic Times 1 hr ago·21 Oct 2026, 12:50 pm
TVS ILP has signed a significant lease agreement with the ATC Tires group to occupy 80,000 square feet of warehousing space in Visakhapatnam. This facility is specifically designed to support the domestic distribution and export operations of Yokohama passenger car tires. The development is expected to generate local employment opportunities and enhance the region's logistics infrastructure.
For investors, this move signals a strengthening of TVS ILP's industrial portfolio and its ability to secure long-term leases with established multinational partners. The strategic location in Visakhapatnam offers logistical advantages that can improve operational efficiency for clients. This partnership underscores the company's continued growth in the warehousing and logistics sector.
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- Category: Company.
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