Nagarajan Seyyadurai Unveils ₹4,000 Crore Smart Industrial Corridor Near Chennai
In a game-changing move for Tamil Nadu’s industrial growth, WS Industries India Ltd, under the leadership of Chairman Nagarajan Seyyadurai, has launched a ₹4,000 crore project to develop a 600-acre smart industrial park at Sunguvarchatram, near Chennai. This ambitious venture is strategically located near major industrial corridors and aims to attract global manufacturers, logistics operators, and data center players.
The park will be designed as a high-efficiency, multi-use zone, combining infrastructure, innovation, and environmental sustainability.
Location Advantage: Why Sunguvarchatram Matters
Sunguvarchatram is emerging as one of India’s prime industrial hotspots due to its:
Proximity to Foxconn, Samsung, and other global manufacturers
Quick access to Oragadam Industrial Estate
Connectivity to the Chennai–Bengaluru Expressway
Close location to the upcoming Parandur International Airport
The smart park aims to leverage these advantages to support global logistics, manufacturing, and industrial housing requirements.
Project Scope: What WS Industries Is Building
Under Nagarajan Seyyadurai’s leadership, the project will feature:
Grade-A logistics warehouses
Hyperscale data center zones
Industrial housing and dormitories
Green spaces with a revived 9-hole golf course
15 million sq. ft. of buildable area enabled by a 0.5 FSI
The park is designed to meet the infrastructure standards of multinational companies seeking expansion in South India.
Land Acquisition and Development Timeline
WS Industries has already secured 400 acres of land, of which 250 acres were obtained via SARFAESI auction from IVRCL, a previously planned township project. The remaining 200 acres will be acquired directly from private landowners.
The land has been converted to facilitate multi-use industrial development, with planning and design supported by international consultants. Site development will begin once statutory clearances are finalized.
Financial Plan and Investment Strategy
To support the development, WS Industries is raising ₹440 crore through preferential equity placement at ₹100 per share. Investors include:
Promoters
Institutional stakeholders
Private investors and funds
These funds will be allocated toward:
Land purchase finalization
Infrastructure setup and design
Working capital and pre-operational costs
WS Industries’ Broader Infrastructure Goals
Beyond this industrial park, WS Industries is also pursuing:
A 1 million sq. ft. IT park on Mount Poonamallee Road (in approval phase)
EPC contracts valued at ₹650 crore completed in the last two years
Entry into real estate-led tech and industrial space development
Nagarajan Seyyadurai continues to push WS Industries into diversified infrastructure development, aligning with India's Make-in-India and smart city visions.
Project Summary:
CategoryDetailsProject Cost₹4,000 croreLocationSunguvarchatram, near ChennaiTotal Area600 acresLand Acquired400 acres (250 via SARFAESI auction)Key FacilitiesWarehouses, data centers, housingFunding Raised₹440 crore (via equity placement)Led ByChairman Nagarajan Seyyadurai
Conclusion
With a vision rooted in smart industrial growth, Nagarajan Seyyadurai is transforming WS Industries into a national leader in infrastructure and real estate development. The ₹4,000 crore Sunguvarchatram smart park project is a strategic leap that will not only generate employment but also attract high-value investments into Tamil Nadu’s industrial corridor.