Horizon Industrial Parks Limited is an Indian industrial and logistics infrastructure company that develops, owns, and operates industrial parks and warehousing assets. Launched in 2022 by funds managed by Blackstone Real Estate as a dedicated logistics platform in India, the company operates across major Indian cities, serving tenants in e-commerce, retail, manufacturing, and third-party logistics.
History Horizon Industrial Parks was launched in January 2022 by Blackstone Real Estate as a unified platform to manage its logistics and industrial assets in India. The platform consolidated several logistics and warehousing properties acquired through investments in Embassy Industrial Parks, Tarc, and Allcargo.
At its creation, the platform represented an enterprise value of approximately US$900 million and encompassed 24 million square feet of logistics and warehousing space across major markets including Bengaluru, Delhi NCR, Hyderabad, and Pune.
In 2026, the company received regulatory approval from the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) on the BSE and NSE. The proposed listing aimed to raise ₹2,600 crore (US$289 million) strictly through a fresh issue of equity shares. Prior to filing its prospectus, the company completed a pre-IPO fundraise of ₹1,650 crore from institutional investors including SBI Life Insurance, State Bank of India, 360 ONE, and DSP Investments.
Operations Horizon Industrial Parks develops and manages industrial parks, fulfilment centres, and logistics facilities across major industrial and consumption hubs in India. Its tenant base includes companies in e-commerce, retail distribution, third-party logistics, and manufacturing.
In 2024, the company completed Chakan II, a 52-acre industrial park in Pune, and broke ground on Chakan V, a 100-acre development planned to add 2.6 million square feet of space. During the same year, Horizon launched operations across five new sites in Chennai, Bengaluru, Nagpur, and Pune, securing leases totaling approximately 4 million square feet.
In Tamil Nadu, the company managed over 7.3 million square feet of space as of mid-2025. This included the two-phase development of a 500,000-square-foot manufacturing facility for Schneider Electric in Hosur.
The company also operates a 1.3-million-square-foot industrial park in Kothur, Hyderabad, which holds a Platinum pre-certification from the Indian Green Building Council. In November 2025, Jeh Aerospace established a 200,000-square-foot facility at the location.
As of December 2025, Horizon operated 46 industrial and logistics parks across 10 major Indian cities, comprising approximately 60 million square feet of total development potential, including 27 million square feet of completed space. Key operational hubs include the National Capital Region (Gurugram and Farukhnagar), Pune (Chakan), Bengaluru, and Hyderabad.
Partnership with Central Warehousing Corporation In 2024, Horizon Industrial Parks was appointed by the Central Warehousing Corporation (CWC), a Government of India public sector undertaking, to redevelop and manage 13 last-mile logistics facilities under a public-private partnership (PPP) model. The project forms part of CWC's national warehousing modernization program and involves upgrading government-owned assets into logistics and distribution infrastructure across major cities, including Delhi NCR, Mumbai, Pune, Chennai, and Bengaluru.
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