Future Group’s real estate arm Future Market Networks is planning to set up eight infra-logistics parks with up to 2 million sq ft of space in each by 2015. The listed company, which has been carved out of Pantaloon Retail India, has entered into an equal joint venture with IL&FS and will spend over 1,200 crore on setting up such parks in Mumbai, Pune, the national capital region, Chennai, Bangalore, Kolkata, Vapi and Baddi. Each of the infra-logistic parks will be spread over 50-100 acres within a 20-30-km radius of these cities. Such mega development plan in the front is indeed an unmatched opportunity that can be exploited productively by the signage players engaging in the activities around the segment.
