IndoSpace Logistics Parks
IndoSpace Logistics Parks is India's largest operator of stabilized industrial and logistics real estate, developing Grade-A facilities across five major markets. Through its IndoSpace Core JV with CPP Investments, it leases 22 million sq ft to 120+ manufacturing, e-commerce, and logistics enterprises.
- Company typePrivate
- Founded2017
- HeadquartersMumbai, India
- Headcount251–500
- GTM typeB2B
- OfferingServices
What IndoSpace Logistics Parks does
IndoSpace Logistics Parks is an Indian industrial and logistics real estate developer headquartered in Mumbai, operating Grade-A warehouse and manufacturing facilities across five key markets: Mumbai, Bengaluru, Chennai, Delhi, and Pune. The company develops and leases institutional-quality industrial parks with ESG standards integration, serving manufacturing companies (including PLI-driven tenants), e-commerce firms, and third-party logistics operators. Its portfolio spans 22 million square feet of leasable area across 948 acres, accommodating over 120 global and domestic enterprises.
The company's core operating platform is the IndoSpace Core joint venture with CPP Investments (Canada Pension Plan Investment Board), established in 2017, in which CPP holds a 93% stake. Through this JV, IndoSpace accesses long-duration institutional capital to fund acquisitions and development, most recently deploying approximately $471 million (C$471 million / INR 30 billion) in November 2025 to acquire six industrial and logistics parks spanning 380 acres. The business model is direct B2B enterprise leasing with multi-year contracts (typical 36-month terms), 5% annual rent escalation clauses, and lock-in periods; Grade-A logistics facilities are reported to deliver 7-9% gross rental yields.
The go-to-market is enterprise field sales targeting manufacturing, e-commerce, and logistics enterprises. Recent strategic positioning includes an MoU with MMRDA for the 'Third Mumbai' development at Raigad-Pen signed at WEF Davos 2026, signaling participation in large-scale greenfield industrial corridors beyond the current Tier-1 footprint. Leadership comprises CEO Anshuman Singh and a newly appointed VP of Marketing (Balkrishna Jha, June 2026), reflecting organizational scaling to support continued expansion.
IndoSpace Logistics Parks firmographics
Firmographics- Name
- IndoSpace Logistics Parks
- Website
- https://indospace.in
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- IndoSpace Logistics Parks is India's largest operator of stabilized industrial and logistics real estate, developing Grade-A facilities across five major markets. Through its IndoSpace Core JV with CPP Investments, it leases 22 million sq ft to 120+ manufacturing, e-commerce, and logistics enterprises.
- Ownership category
- akta.pro rank
IndoSpace Logistics Parks industry classification
Industry- Product category
- Industrial and Logistics Real Estate
- NAICS
- General Warehousing and Storage (493110), Warehousing and Storage (4931)
- SIC
- Public Warehousing & Storage (4220), Services-Facilities Support Management Services (8744)
- akta.pro primary industry
- Industrial & Logistics Property Management (BPAJAGAC)
Keywords
Where IndoSpace Logistics Parks is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices5 records
Markets served
IndoSpace Logistics Parks business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Marketing or Sales
Revenue model
- Industrial and Logistics Park Leasing: IndoSpace generates revenue through long-term commercial leasing of industrial and logistics parks to manufacturing, e-commerce, and logistics companies. Leases typically include 36-month terms with annual rent escalation (5%) and lock-in periods.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Custom quote-based industrial park leasing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
IndoSpace Logistics Parks product offering
Product offeringCore offering
IndoSpace develops, owns, and operates Grade-A industrial and logistics parks across India's five major logistics markets, leasing space to manufacturing, e-commerce, and third-party logistics companies. The company operates primarily through its IndoSpace Core joint venture with CPP Investments (93% stake), managing a portfolio of 22 million square feet of leasable area across 948 acres. Lease agreements are typically long-term (36 months) with 5% annual rent escalation clauses and lock-in periods.
Product overview
IndoSpace Logistics Parks operates as a leading industrial and warehousing real estate developer in India, offering Grade-A logistics facilities through its core platform and joint venture IndoSpace Core (established 2017 with CPP Investments). The company's portfolio includes industrial parks across key markets including Bengaluru, Chennai, Delhi, Mumbai, Pune, and Tamil Nadu, providing leasable warehouse and manufacturing space to global and domestic companies. IndoSpace Core has been positioned as India's largest operator of stabilized industrial and logistics real estate, with the portfolio expanding to 22 million square feet across 948 acres following recent acquisitions.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- 7-9% gross rental yields delivered by grade-A logistics facilities
- +2 more outcomes
Companies that use IndoSpace Logistics Parks
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
IndoSpace Logistics Parks technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
IndoSpace Logistics Parks partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and flagship.
- MMRDA (Mumbai Metropolitan Region Development Authority)coreMMRDA signed MoU with Indospace Park Group for the 'Third Mumbai' development project at Raigad-Pen. The project spans 323.4 sqkm across 124 villages in Raigad district, with MoUs totaling approximately Rs 1 lakh crore investment. MMRDA is overseeing drone-based mapping and master planning work for the new business district.
- RMZ CorporationflagshipMMRDA signed a $25 billion global business districts deal with RMZ Corporation involving CPP Investments, Mitsui Fudosan, Devonshire and Prologis. While RMZ is the primary signatory, the deal involves strategic partnerships with major institutional investors for logistics and industrial development in the Mumbai metropolitan region.
Scale indicators6 records
Recent moves5 records
Expansion highlights6 records
IndoSpace Logistics Parks competitors and assessment
Company assessmentDirect peers
- Prologis India: Global logistics real estate leader with a significant Indian portfolio of Grade-A warehouses. Directly comparable as a competitor for institutional-grade industrial and logistics leasing in the same five markets IndoSpace operates in.
- ESR Group: Asia-Pacific logistics and data center real estate platform with operations in India. Directly competes in Grade-A industrial and logistics park development with a similar institutional capital-backed model.
- Embassy Industrial Parks: Indian industrial and logistics parks developer backed by Blackstone. Direct competitor operating in overlapping tier-1 Indian markets, offering comparable Grade-A leasable space to manufacturing and e-commerce tenants.
- Horizon Industrial Parks: Indian industrial real estate developer backed by Blackstone and private investors. Directly comparable as a developer of large-scale Grade-A industrial parks serving manufacturing and logistics tenants in India.
- Logos India: Asia-Pacific logistics real estate specialist with an Indian platform. Comparable as a competitor building institutional-grade logistics parks for global and domestic tenants across Indian industrial corridors.
Broad incumbents
- GLP (Global Logistics Properties): Global logistics real estate giant with Asia-Pacific exposure. Comparable as a large-scale industrial REIT-style operator that has invested in India, competing for institutional logistics tenants and capital.
- Mapletree Logistics Trust: Pan-Asia logistics REIT managed by Mapletree Investments with exposure to Indian warehousing. Comparable as an institutional investor and operator in the regional logistics real estate space.
- RMZ Corporation: Indian commercial and industrial real estate developer with institutional capital partners including CPP, Mitsui Fudosan, and Prologis. Adjacent competitor in logistics parks and partner in the MMRDA 'Third Mumbai' development.
- Mitsui Fudosan: Japanese global real estate developer with logistics and industrial exposure in India via the MMRDA consortium. Comparable as an institutional capital partner and competitor in Indian logistics real estate.
Emerging players
- TVS Industrial & Logistics Parks: Indian industrial and logistics parks developer part of the TVS group. Comparable as a domestic competitor scaling institutional-grade logistics facilities for Indian and multinational tenants.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
IndoSpace Logistics Parks social profiles
Digital presenceIndoSpace Logistics Parks financial estimates
Financial estimateRevenue estimate
Valuation estimate
IndoSpace Logistics Parks leadership team
Management profileNumber of profiles
Profiles4 records
IndoSpace Logistics Parks subsidiaries and ownership
Company hierarchySubsidiaries1 record
IndoSpace Logistics Parks funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
IndoSpace Logistics Parks M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about IndoSpace Logistics Parks
What does IndoSpace Logistics Parks do?
IndoSpace develops, owns, and operates Grade-A industrial and logistics parks across India's five major logistics markets, leasing space to manufacturing, e-commerce, and third-party logistics companies. The company operates primarily through its IndoSpace Core joint venture with CPP Investments (93% stake), managing a portfolio of 22 million square feet of leasable area across 948 acres. Lease agreements are typically long-term (36 months) with 5% annual rent escalation clauses and lock-in periods.
Is IndoSpace Logistics Parks a public or private company?
IndoSpace Logistics Parks is a private company. It is classified as private equity controlled and is currently operating.
When was IndoSpace Logistics Parks founded?
IndoSpace Logistics Parks was founded in 2017. It employs 251 to 500 people.
Where is IndoSpace Logistics Parks based?
IndoSpace Logistics Parks is headquartered in Mumbai, India, in the Asia region.
How does IndoSpace Logistics Parks make money?
One revenue line is on record: industrial and Logistics Park Leasing.
Who are IndoSpace Logistics Parks's main competitors?
Direct peers on record are Prologis India, ESR Group, Embassy Industrial Parks, Horizon Industrial Parks and Logos India. Broad incumbents are GLP (Global Logistics Properties), Mapletree Logistics Trust, RMZ Corporation and Mitsui Fudosan. TVS Industrial & Logistics Parks is listed as an emerging player.
Does IndoSpace Logistics Parks have an API?
No public API is recorded for IndoSpace Logistics Parks.
What industry is IndoSpace Logistics Parks in?
IndoSpace Logistics Parks's product category is Industrial and Logistics Real Estate. Its primary akta.pro industry code is BPAJAGAC, Industrial & Logistics Property Management. Its NAICS code is 493110 and its SIC code is 4220.