Welspun One Logistics to invest Rs 2,000 crore to develop warehouses across India
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The platform, backed by the $2.7-billion Welspun Group, will be setting up these warehousing parks in pre-identified high-growth markets such as Mumbai, Pune, Bangalore, NCR, Chennai, Kolkata, and Lucknow.
Agencies
Welspun One Logistics Parks, an asset management platform, is planning to invest around Rs 2,000 crore to develop and lease a portfolio of 7-8 million square feet of grade-A warehousing spaces across India.
The platform, backed by the $2.7-billion Welspun Group, will be setting up these warehousing parks in pre-identified high-growth markets such as Mumbai, Pune, Bangalore, NCR, Chennai, Kolkata, and Lucknow.
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India’s warehousing boom creates winners in unexpected corners
Photo: Bloomberg
April 14, 2021
Every day, Shiv Kumar sets out to work on his new Hero Splendor from Patherheri village in Haryana’s Gurugram district toward Tauru Road a long stretch just off the National Highway 48. Over the last few years, the road surrounded by fields of wheat, jowar, bajra and mustard has slowly metamorphosed into a warehousing hub, thanks to the e-tailing boom.
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Thursday, April 1, 2021 10:00AM IST (4:30AM GMT)
Aims to digitize land buying and leasing in the industrial real estate sector
Mumbai, Maharashtra, India: In an industry-first move, Welspun One Logistics Parks, a pan-India integrated fund, development and asset management platform has introduced a unique, online ‘Partner Portal’ to effectively collaborate with their external stakeholders, especially landowners and brokers. The goal of this platform is to create a transparent and efficient mechanism that will enable sharing of leads and create a direct communication channel with Welspun One’s land buying and leasing teams.