IndoSpace leases 50,000 sq.ft. area to LJM in Chennai

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That is LJM’s second facility in Asia, with the primary one being operational in China. 

That is LJM’s second facility in Asia, with the primary one being operational in China. 

IndoSpace, a developer and proprietor of Grade A industrial actual property and logistics parks, mentioned it has onboarded Lind Jensen Equipment (LJM) as a tenant and has leased out 50,000 sq. ft. area in Chennai.

LJM, an hydraulic cylinder producer, would arrange its first manufacturing facility in India at Oragadam II in Chennai the place it will produce hydraulic pitch, lock cylinders and accumulators for the wind-turbine business. 

The mission has acquired an funding of €2 million up to now .and the unit would start trial manufacturing by the tip of July, IndoSpace mentioned in an announcement.

That is LJM’s second facility in Asia, with the primary one being operational in China. 

“By way of this endeavor, LJM intends to develop high-quality items with lengthy operational lives for each native and worldwide markets. In its preliminary section, LJM might be using 40–50 employees on the Oragadam unit,” the assertion added.

IndoSpace mentioned it has an expansive presence in Tamil Nadu with 15 Grade A industrial and logistics parks positioned throughout the principle industrial space.

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