Industrial and logistics parks developer TVS ILP on Wednesday said it leased 80,000 sq ft at its Visakhapatnam park in Andhra Pradesh to Yokohoma group firm ATC Tires, which will serve as a mother-hub warehouse to support the latter's domestic distribution and export operations.
By establishing this facility, ATC Tires aims to streamline domestic supply chains, support export operations and strengthen access to key industrial and manufacturing regions, TVS ILP said.