Arshiya planning to develop IT/ITES Park at Panvel

10 Jun 2019 Evaluate

Arshiya has outlaid a plan to set-up additional segment in the notified area company’s FTWZ wherein it plans to develop IT/ ITES Park on an area of about 25 acres of land situated at Panvel for which it has received approval to set up the said IT/ITES SEZ from the concerned authorities.

The said 25 acres of land situated at Panvel has been notified as IT/ITES Park and on the said Land the company plans to build a ‘Hyperscale Data Centre Park’ with a constructible area of approximately 2.5 to 3 million square feet.

Further, the company has recently entered into a Master Development Agreement (Non-Binding term sheet) with a very large global Data Centre operator.

Arshiya is engaged in providing end-to-end logistics and supply chain solutions to customers across the world.



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