IndoSpace has launched its largest industrial park in India, the 188-acre IndoSpace Chakan V in Pune, backed by a $120 million investment. The facility represents the company’s eighth industrial and logistics park in Maharashtra, expanding its existing 525-acre footprint in the Pune region.
The park is strategically located within MIDC Chakan along major transportation corridors including the Mumbai-Pune Expressway, Pune-Nashik Highway, and the Bengaluru-Mumbai Industrial Corridor. This positioning provides connectivity to industrial hubs across western India and access to consumption centers and ports through existing rail infrastructure.
“Chakan has cemented its role as a high-demand manufacturing hub, driven by its strong connectivity and industrial ecosystem,” said Anshuman Singh, Managing Director and CEO of IndoSpace. The development targets demand from automotive, engineering, electronics, and third-party logistics sectors.
The park features smart infrastructure including RFID sensors, energy-efficient LED lighting, and low-carbon materials. Additional amenities include electric bikes for internal mobility, auto-repair facilities, childcare services, and sports zones. IndoSpace will offer flexible built-to-suit options to accommodate diverse industry requirements.
Pune’s industrial and logistics market, including the Chakan-Talegaon corridor, recorded 6.7 million square feet of absorption in 2024. IndoSpace operates over 60 million square feet of infrastructure across 50+ locations nationwide, serving more than 150 industry leaders since 2007.
Published on July 23, 2025