Welspun One leases out 9 lakh sq ft warehousing space in MMR to FM Logistics India
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
PTI | December 14, 2020 | Updated 14:24 IST
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
Welspun One Logistics Parks will provide on lease around 9 lakh sq ft warehousing space to FM Logistics India in its flagship project at Bhiwandi in Maharashtra. 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.
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.