IndoSpace leases out warehouse space to Lind Jensen Machinery in Chennai
IndoSpace expands its tenant portfolio by onboarding Lind Jensen Machinery (LJM). The high-quality hydraulic cylinder manufacturer will set up its first factory in India at Oragadam II in Chennai where it will produce hydraulic pitch, lock cylinders, and accumulators for the wind turbine industry. The project has received an investment of €2 million so far.
IndoSpace expands its tenant portfolio by onboarding Lind Jensen Machinery (LJM). The high-quality hydraulic cylinder manufacturer will set up its first factory in India at Oragadam II in Chennai where it will produce hydraulic pitch, lock cylinders, and accumulators for the wind turbine industry. The project has received an investment of €2 million so far.
The facility, which occupies 50,000 sq. ft space, is anticipated to begin trial production by the end of July 2022. This is LJM's second facility in Asia, with the first one being operational in China. Through this endeavor, LJM intends to develop high-quality goods with long operational lives for both local and international markets. In its initial phase, LJM will be employing 40-50 workers at the Oragadam unit.
IndoSpace has an expansive presence in Tamil Nadu with 15 Grade A industrial and logistics parks located all around the main industrial area.
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