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Horizon Industrial Parks, backed by Blackstone, started construction of a 3.16 lakh sq. ft. built-to-suit manufacturing facility in Chengalpattu, Chennai, for Yazaki India. The Japanese auto parts giant has now expanded its India presence to nearly 1 million sq. ft. across key industrial hubs including NCR, Hosur, and Chennai. This new facility is Yazaki's third collaboration with Horizon and reflects its commitment to sustainable and modern industrial infrastructure. The plant is designed for rooftop solar installations and will employ over 2,000 individuals, reinforcing Yazaki's focus on quality, safety, and timely execution.
Horizon Industrial Parks, owned by the world's largest alternative asset manager Blackstone, has joined hands with Yazaki India to begin construction of a new manufacturing unit spanning 3.16 lakh sq. ft. in Chengalpattu, Chennai. Yazaki, a renowned Japanese auto components manufacturer with a global turnover of USD 17 billion and operations in 46 countries, has extended its footprint in India to nearly 1 million sq. ft. across NCR, Hosur, and now Chennai. This move aligns with the company's drive towards modernisation, sustainability, and safety in industrial operations. Advertisement
This latest facility in Chennai marks Yazaki's third partnership with Horizon Industrial Parks. Located in the rapidly growing Chengalpattu industrial hub, the plant will produce wire harnesses, a key component supplied to several major OEMs in India. Designed with provisions for rooftop solar power and employing over 2,000 people, the unit exemplifies Horizon's plug-and-play infrastructure approach tailored to suit manufacturing needs.
Urvish Rambhia, Director at Horizon Industrial Parks, remarked that with the new peripheral ring road connecting to Chennai Port, Chengalpattu is emerging as a vital industrial zone. He noted that major players from IT, electronics, chip manufacturing and the automotive sector already operate in the area, and the upcoming SIDCO industrial estate at Kodur Village is expected to further enhance regional industrial growth.
Yazaki's collaboration with Horizon began with the establishment of a 2.6 lakh sq. ft. plug-and-play facility at Horizon Industrial Park in Hosur in 2023, followed by a similar plant in Farukhnagar, NCR. Both facilities are celebrated for their sustainable design and have been awarded Platinum ratings by the Indian Green Building Council (IGBC).
P V Raju, CEO of Yazaki India, conveyed that the decision to partner with Horizon was taken after evaluating multiple industrial developers. He noted that Horizon had supported Yazaki's commitment to timely delivery by handing over the Hosur facility within six months. He added that Horizon's emphasis on high-quality infrastructure and dust-free environments is critical for manufacturing superior products and ensuring the safety of the 4,200 employees working across Yazaki's plants in Hosur and Farukhnagar.
Horizon Industrial Parks is a logistics platform in India, owned and managed by Blackstone Real Estate funds. They are one of the largest developers and managers of Grade A industrial and logistics parks in India, with distinguished assets in prime urban centers and Tier 2 markets. Horizon (including its affiliates) manage 40 assets in 9 key markets in India, spread across ~2000 acres and with a leasable area of ~50 million square feet.
As both companies advance their shared values of quality, safety, and timely execution, this collaboration is set to play a pivotal role in India's evolving manufacturing landscape.
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