KSH INFRA, a developer of sustainable Grade A industrial and logistics infrastructure, is planning to set up a Category II Alternative Investment Fund (AIF) focused on opportunities in the sector. The company has appointed Shailesh Agrawal as Head – Fund Management to set up and lead the proposed fund platform. With over 15 years of experience spanning fund management, private equity advisory, and corporate strategy, Shailesh brings deep expertise in institutional and retail capital formation and real assets investing.
The proposed fund is expected to target a corpus of about INR 1250 Crores (~USD 140 million), with an additional INR 500 Crores (~USD 60 million) expected through co-investment commitments alongside the fund. The fund will invest in greenfield Grade A Industrial and Logistics assets in West and South India, including Pune, Mumbai, Chennai, and Bengaluru.
Prior to joining KSH INFRA, Shailesh led Fund Management and Strategy at Welspun One, spearheading capital raising, investment strategy, portfolio management, and investor relations for its fund platform. Earlier in his career, he has worked with Bain & Company, Alvarez & Marsal, and Tata Group. He is an alumnus of IIT Madras and IIM Ahmedabad.
Sundaresan Vaidyanathan, CEO at KSH INFRA said, “As we scale our industrial and logistics platform, raising fund-style capital is a natural next step. The plan to launch of our AIF strengthens our ability to partner with long-term investors and accelerate development across key markets. Shailesh brings a strong track record in fund management and deep understanding of real asset investing. We are confident his leadership will help institutionalize and scale our fund platform”
Shailesh Agrawal, Head – Fund Management, KSH INFRA commented, “India’s logistics and manufacturing ecosystem is undergoing structural transformation, driven by manufacturing growth, supply chain formalization, and growing adoption of 3PL services, leading to increasing demand for Grade A real estate spaces. Development capital, deployed with underwriting discipline and operating expertise, can generate compelling risk-adjusted returns. KSH INFRA’s operating expertise, development track record, prior experience of working with institutional investors and focus on industrial tenants provide a solid foundation to build a differentiated institutional platform”
KSH INFRA is strategically expanding its footprints across key locations in India, driving transformation in the Industrial and Logistics landscape. In the past, KSH INFRA has partnered with marquee global institutional players like Pacific Century Group, Morgan Stanley, Mapletree & Indospace and has executed projects spanning 7 million square feet with a combined investment of INR 2,000 Crore.
In October 2025, the company partnered with WSB Real Estate Partners and co-investors, to develop a 50-acre Industrial & Logistics park in Hosur, Bengaluru at a total investment of INR 475 Crore. The company currently has 3 million square feet under development and plans to add over 10 million square feet of space across major industrial corridors by 2030.
About KSH INFRA:
KSH INFRA is a dynamic, forward-looking real estate development brand focused on building sustainable Grade A industrial and logistics infrastructure, committed to transforming India’s industrial landscape through future-ready developments that enhance efficiency, enable supply chain excellence, and support long-term economic growth.
Driven by a philosophy of sustainability, operational excellence, and customer-centricity, KSH INFRA creates infrastructure that meets the evolving needs of modern businesses while contributing positively to the environment and the communities it serves. Each development is designed to deliver functionality, flexibility, and environmental responsibility — setting new benchmarks for industrial infrastructure in India.
KSH INFRA is part of the KSH Group, a diversified business group with over five decades of domain expertise. Headquartered in Pune — the heart of India’s manufacturing belt — the group includes KSH International, KSH Distriparks, KSH Integrated Logistics and KSH INFRA. With more than 600 employees and a turnover exceeding INR 3,000 Crore, the KSH Group has built a strong presence across manufacturing, industrial parks, and supply chain services.
Rooted in strong quality systems, continuous improvement, and a culture of excellence, KSH Group companies are trusted partners in India’s industrial and logistics ecosystem. KSH INFRA continues to build on this legacy by delivering high-quality infrastructure that supports industry growth and sustainable development.
