EcoBox Parks, backed by Alta Capital, is investing ₹400 crore to develop a 1.2-million sq. ft. state-of-the-art logistics hub in Chennai’s strategic Mannur locality, strengthening India’s industrial infrastructure.

Alta Capital, an investment and asset management group, has bought 2.5 million sq ft of fully-leased logistics assets from IndoSpace for ₹840 crore (nearly $100 million). Indian logistics and storage insiders call this deal one of the year's biggest.