Synopsis The company is investing Rs 900 crore to develop its 110-acre industrial park project at Bhiwandi in Mumbai Metropolitan Region (MMR). The project has a potential leasable area of 3.2 million sq ft. ETRetail Third party logistic (3PL) service provider FM Logistic India has entered into a contract with Welspun One Logistics Parks to lease warehousing space at Bhiwandi. As per the agreement, Welspun One will lease out about 9 lakh sq ft of warehousing space to FM Logistic India at its Bhiwandi facility for a tenure of five years. The company is investing Rs 900 crore to develop its 110-acre industrial park project at Bhiwandi in Mumbai Metropolitan Region (MMR). The project has a potential leasable area of 3.2 million sq ft.