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Ascendas unveils new industrial township in India

Published Mon, Nov 18, 2013 · 10:00 PM

ASCENDAS yesterday unveiled its 1,450-acre integrated industrial township in India.

A joint venture development between Ascendas, Indian real estate developer Ireo, and a Japan consortium comprising management contractor and investment partner JGC Corporation and corporate finance provider Mizuho Bank, OneHub Chennai, is located 50km south of Chennai city centre in Tamil Nadu state in India.

Ascendas's CEO Manohar Khiatani said: "Set along Chennai's IT and industrial corridor, the township will provide companies with convenient access to road and rail networks, major sea ports and the Chennai International Airport.

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