 "LOGOS, Assetz set up venture worth $400 mn")
Sydney-based LOGOS Group and Singapore-based Assetz Property Group have formed a $400-million platform to set up logistics and industrial parks in the country.
The platform, named LOGOS India, is based in Mumbai and is led by Chief Executive Offiicer (CEO) Mehul Shah, a supply chain and logistics expert, said a release from the company. LOGOS India will initially focus on the key logistics hubs of Mumbai, Pune, Chennai, NCR, Bangalore, Hyderabad and Ahmedabad.
It has investors such as Canadian investor Ivanhoé Cambridge and Macquarie Corporate Holdings as its shareholders, and has operations in Australia, China, Southeast Asia.
"This venture is targeting the existing
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