LML Realty is launching a state-of-the-art industrial park in Haryana with a substantial investment of ₹250 crore aimed at supporting micro, small and medium enterprises. According to reports from The Economic Times, the industrial park is located in Jhirka Valley, Haryana, and is strategically positioned close to the Delhi-Mumbai Expressway. The project has received approval under the Haryana government's PADMA (Promoting Access and Development of MSME Advancement) scheme.
The industrial park offers industrial plots, plug-and-play manufacturing units and built-to-suit factory solutions, allowing businesses to either purchase land and develop customised facilities or lease fully operational factories. As reported by The Economic Times, leasing options start from ₹25 per sq ft per month. Through its construction arm LML Contracts, the company provides end-to-end execution covering land, factory construction, statutory approvals and utility infrastructure under a single contract, with delivery timelines of around 180 days.
The development is targeted at industries including engineering and manufacturing, automotive, pharmaceuticals, food processing, textiles, FMCG, chemicals, warehousing and logistics, research and development facilities, electronics and data centres. According to The Economic Times, LML Realty MD and CEO Yogesh Bhatia stated there is great demand for industrial space with all related amenities. The company emphasizes that manufacturing growth depends as much on execution-ready infrastructure as it does on policy support.
LML Realty has announced plans to establish 100 industrial parks throughout India over the next decade. As reported by The Economic Times, Bhatia indicated the company is looking for land across various states to support this ambitious expansion. The initiative represents a significant commitment to supporting MSME growth and industrial infrastructure development across India's manufacturing sector.
