Welspun One Logistics Parks (WOLP) plans to invest over Rs 600 crore to develop a Grade-A, in-city warehousing facility in Thane near Mumbai. The facility will support urban last-mile delivery and is expected to be operational in the second half of 2025. WOLP aims to create a portfolio of 16-18 million sq ft over the next 4-5 years across tier 1 and 2 cities, with an overall investment of over Rs 8,000 crore.
Homegrown logistics and warehousing assets investor Welspun One has set the ball rolling for the first investment from its second vehicle, which has a target ..
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.