In late July 2025, IndoSpace, India’s fully integrated supply‑chain infrastructure services platform, formally launched IndoSpace Chakan V, its largest industrial and logistics park to date in the country. Spanning an expansive 188 acres and backed by an investment of approximately USD 120 million (₹1,037 crore), it marks IndoSpace’s eighth industrial and logistics park in the Pune region, elevating its total footprint in and around Pune to 525 acres
Located within the MIDC Chakan industrial zone, Chakan V is strategically positioned along major transportation corridors including the Mumbai–Pune Expressway, Pune–Nashik Highway, Pune–Ahmednagar–Aurangabad Highway, and the broader Bengaluru–Mumbai Industrial Corridor, offering seamless connectivity to manufacturing centres, ports, and consumer markets across western India This positioning aligns with IndoSpace’s goal of enhancing logistics efficiency and underpinning India’s industrial growth under the vision of Gati Shakti, the Government’s national logistics framework, and the Make in India initiative
Chakan’s industrial and logistics market, particularly the Chakan–Talegaon corridor, recorded absorption of 6.7 million sq ft in 2024, reflecting sustained demand from sectors such as automotive, engineering, electronics, and third‑party logistics The IndoSpace aims to meet this demand with flexible built‑to‑suit (BTS) options tailored for diverse industrial occupiers
Designed as a state‑of‑the‑art smart industrial park, Chakan V incorporates sustainability‑driven features including low‑carbon materials, energy‑efficient LED lighting, and advanced digital technologies with RFID sensors embedded across the facility for real‑time monitoring. Additional amenities include emission‑free electric bikes for intra‑park mobility, an auto‑repair centre, childcare facilities, and dedicated sports zones—a suite of occupational and quality‑of‑life conveniences rarely seen in industrial environments
Chakan V builds on IndoSpace’s existing presence in Chakan—where its portfolio includes Chakan I, I Phase II and Phase III, Chakan II and III—and underscores the company’s dominance in Pune’s industrial realty landscape. Chakan MIDC has grown rapidly over the past two decades into one of India’s premier automobile hubs, with major global players such as Mercedes‑Benz, Mahindra & Mahindra, Volkswagen, Bridgestone, and others establishing large manufacturing and components facilities in the area. IndoSpace’s Grade‑A parks in this region benefit from robust connectivity to Pune city, the airport, major rail links, and national highways, reinforcing Chakan’s appeal for large‑scale logistics and manufacturing companies
IndoSpace leadership speaks confidently about Chakan’s strategic role. According to Anshuman Singh, Managing Director & CEO of IndoSpace, “Chakan has cemented its role as a high‑demand manufacturing hub, driven by its strong connectivity and industrial ecosystem. With IndoSpace Chakan V, we are strengthening our ability to support the evolving requirements of India’s industrial growth and logistics transformation.” The launch demonstrates IndoSpace’s long‑term commitment to enabling infrastructure‑led economic expansion in India
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