Nagarajan Seyyadurai’s ₹4,000 Crore Industrial Vision Set to Transform Sunguvarchatram

In a strategic move that could redefine the industrial landscape near Chennai, WS Industries India Ltd, chaired by Nagarajan Seyyadurai, is investing ₹4,000 crore to develop a 600-acre industrial park at Sunguvarchatram, located in proximity to Tamil Nadu’s electronics corridor.

This massive infrastructure initiative is set to accommodate cutting-edge logistics facilities, data centres, and industrial housing, reinforcing the region’s status as a preferred manufacturing and industrial destination.

Nagarajan Seyyadurai

Major Land Acquisition Backed by Strategic Planning

WS Industries has already secured 400 acres, including 250 acres acquired through SARFAESI proceedings from the defunct IVRCL, which had earlier envisioned an industrial township. The company is in advanced discussions to acquire an additional 200 acres from private landholders to complete the master plan.

Nagarajan Seyyadurai stated that the project is designed to meet the growing demand for Grade-A industrial infrastructure, especially from multinational firms and national enterprises expanding operations in South India.

Industrial Park Highlights

The upcoming industrial zone will feature:

• World-class logistics and warehouse facilities

• State-of-the-art data centres

• Housing clusters for industrial employees

• A revamped nine-hole golf course as part of recreational development

Thanks to a 0.5 FSI (Floor Space Index), the project can accommodate up to 15 million sq. ft. of constructed area. Located near the Oragadam Industrial Estate, Chennai–Bengaluru Expressway, and the upcoming Parandur International Airport, the site is poised to become a top-tier industrial hub.

Capital Raise to Fuel Growth

To support land expansion and project execution, WS Industries is raising around ₹440 crore via equity issuance at ₹100 per share. The placement will include:

• Promoters

• Institutional investors

• Private stakeholders

This capital will be allocated for land purchase and to meet essential working capital needs, ensuring the smooth rollout of the first phase of the park.

Broader Vision Under Nagarajan Seyyadurai

Apart from this industrial park, WS Industries is also in the process of launching a 1 million sq. ft. IT park on Mount Poonamallee Road, which is currently in the approval stage. The company has also delivered infrastructure contracts worth ₹650 crore in the last two years under the EPC model.

This strategic diversification reflects Nagarajan Seyyadurai’s vision to make WS Industries a multi-sector infrastructure leader in India.

Location Advantages

• Close to Foxconn and Samsung units

• Connectivity to Oragadam industrial cluster

• Access to Chennai–Bengaluru highway

• Near the new Parandur International Airport

Conclusion

The industrial park at Sunguvarchatram marks a bold new chapter for WS Industries, guided by the leadership of Nagarajan Seyyadurai. With strong infrastructure plans, strategic land positioning, and a focus on high-demand sectors like data and logistics, the project promises to be a catalyst for economic growth in Tamil Nadu’s industrial ecosystem.