Mahindra Lifespaces, Sumitomo Corporation expand Origins by Mahindra in Chennai with Phase 2B
Mahindra Lifespaces and Sumitomo Corporation signed a Second Supplemental Agreement to develop about 95 acres for Phase 2B of Origins by Mahindra in Chennai.
- ~95 acres
- ~540 acres
What Happened
Mahindra Lifespaces, the real estate and infrastructure arm of the Mahindra Group, through its joint venture Mahindra Industrial Park Chennai Limited (MIPCL), announced the execution of a Second Supplemental Agreement between Sumitomo Corporation of Japan and Mahindra World City Developers Limited (MWCDL). The agreement sets the framework for the acquisition, transfer and development of ~95 acres of land for Phase 2B of Origins by Mahindra in Chennai. This expansion aims to further strengthen the industrial ecosystem at the integrated development.
Partnership for Phase 1 of Origins by Mahindra in Chennai
Expansion into Phase 2A
Extension to Phase 2B
~95 acresacres
Under the Second Supplemental Agreement for acquisition, transfer and development.
“Our partnership with Sumitomo Corporation has played an important role in creating a high-quality industrial ecosystem that serves both global and domestic manufacturers. The execution of this Second Supplemental Agreement marks another milestone in our shared vision of expanding Origins by Mahindra. It reflects our commitment to creating future-ready industrial infrastructure that supports India'”
“This expansion reinforces our commitment to strengthening Origins by Mahindra as the preferred destination for businesses seeking world-class infrastructure. It also offers an ecosystem designed for long-term growth.”
The combined area across all phases stands at ~540 acres. Building on the strong interest shown by Japanese manufacturers in establishing operations in India, the expansion is expected to support the next wave of global and domestic investments. This will reinforce Chennai's position as a preferred industrial and logistics hub.
Why this matters
The expansion grows Origins by Mahindra, an industrial park aimed at global and domestic manufacturers, especially Japanese companies setting up in India. Adding Phase 2B will strengthen Chennai's position as an industrial and logistics hub and support Tamil Nadu's manufacturing growth. The partnership between Mahindra and Sumitomo dates to 2015 and has now grown across three phases.
Terms in This Story
- Joint venture
- A business arrangement in which two or more parties pool resources to accomplish a specific project or business activity.
- Industrial park
- A designated area planned and zoned for industrial development, with infrastructure for manufacturing, logistics, and related businesses.
- Supplemental Agreement
- An additional agreement that modifies or extends the terms of an existing contract.
Summarised from the linked release; details can be imperfect — always verify against the original source.