ESR Buys 60 Acres In Talegaon To Build 1.35 Million Sq Ft Industrial Park
ESR Buys 60 Acres In Talegaon To Build 1.35 Million Sq Ft Industrial Park
The Asia-Pacific giant announces ₹650-crore investment as Pune strengthens its position as a manufacturing powerhouse.
ESR, one of Asia-Pacific’s largest real-asset owners and developers, has acquired a 60-acre land parcel in Talegaon near Pune to build a large-scale industrial and logistics park. As per reported by Economic Times, the investment estimated at around ₹650 crore marks a major expansion of the company’s presence in Maharashtra, a region it calls one of its strongest growth markets.
The upcoming ESR Talegaon Industrial & Logistics Park has a proposed development potential of 1.35 million sq ft. Plans include six Grade-A industrial and logistics buildings that will cater to high-demand sectors such as automotive, FMCG, e-commerce, logistics, electronics and advanced manufacturing. The design focus is on global-standard infrastructure, sustainability features and improved operational efficiency for future tenants.
Abhijit Malkani, CEO of ESR India, described India’s manufacturing momentum as the driving force behind the company’s aggressive expansion strategy. He noted that as India remains one of the world’s fastest-growing major economies, demand for modern, compliant industrial infrastructure continues to rise. According to him, the Talegaon project is intended to strengthen regional connectivity, boost supply-chain capabilities and provide long-term value to businesses as well as the local ecosystem.
Connectivity is a key advantage of the project. The site links directly to NH-48, the Mumbai–Pune Expressway and the Talegaon–Chakan Road, allowing seamless access to Mumbai, Pune, JNPT and major manufacturing belts across western India. The region’s skilled talent pool further enhances Talegaon’s appeal for industrial occupiers.
With this acquisition, ESR deepens its already significant footprint in western India. The company’s existing network spans over 480 acres across Ahmedabad, Nagpur, Ranjangaon, Chakan, Taloja and Bhiwandi. The Talegaon deal comes shortly after ESR purchased 85 acres in Hosur, Tamil Nadu, for a 2.1-million-sq-ft manufacturing and industrial park, adding to its portfolio of 24 operational parks across India.
The broader sector is witnessing strong investor interest, driven by India’s manufacturing upcycle, government-led localisation efforts and rising export ambitions. Automotive, electronics, engineering, and e-commerce players are expanding their capacities rapidly, turning markets such as Pune into strategic hubs for large-scale warehousing and factory development.
ESR’s Talegaon project, backed by scale, financing and industrial know-how, is positioned to play a significant role in supporting this next phase of India’s manufacturing and logistics growth story.
