One of Asia’s economic engines, India is the leading destination for global outsourcing, off-shoring, and near-shoring of IT services, business processes, knowledge processes, and engineering services for most, if not all industries. The “Make in India” initiative by the government has also attracted worldwide attention to India as a complementary manufacturing base to China. In addition, India is also home to many vibrant start-up communities.
Ascendas-Singbridge is a key contributor to India’s IT industry development, pioneering the renowned International Tech Park Bangalore in 1994. Today, we have a portfolio of nine IT parks across Bangalore, Chennai, Gurgaon, Hyderabad and Pune, and a large integrated industrial park in Tamil Nadu.
In 2017, Ascendas-Singbridge has also launched an industrial real estate development platform in India dedicated to creating world-class logistics and industrial infrastructure across the country. This is expected to address the growing demand for quality logistics and manufacturing space from sectors like third-party logistics, e-commerce, automobiles, fast moving consumer goods, modern retail and engineering among others. Please click here to find out more about this platform.