· Manufacturing & Investment · Source: economictimes.indiatimes.com

Blackstone to invest Rs 700 crore in Casagrand’s industrial and warehousing project in Chennai

Global private equity firm Blackstone will invest Rs 700 crore in Casagrand’s industrial and warehousing project near Chennai. The funding will develop 4.2 million sq ft across two logistics parks in Sriperumbudur, catering to e-commerce, 3PL, and manufacturing sectors. The project, expected to be completed in 30 months, targets a gross development value of Rs 1,500 crore.

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