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Welspun One leases 3 lakh sq ft of build-to-suit facility to Montra Electric in Chennai

Located within the Welspun One logistics and warehousing park in Chinnambedu, Chennai, the facility is projected to commence operations by the second quarter of 2024. ....

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Welspun One Logistics Parks to develop Build-to-Suit facility for Montra Electric (from TIVOLT)

Welspun One Logistics Parks to develop Build-to-Suit facility for Montra Electric (from TIVOLT)
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Welspun One Logistics, Montra Electric ink pact for 3-lakh-sq-ft facility in Chennai

Welspun One Logistics Parks (WOLP) has partnered with Montra Electric, the electric vehicle arm of Murugappa Group, to develop a built-to-suit warehousing and assembly space in Chennai. The facility, spread over 3 lakh sq ft, will include a retail experience center and dedicated assembly space for small commercial electric vehicles. It is expected to commence operations by the second quarter of 2024. WOLP s logistics and warehousing park in Chennai is part of a Rs 2,500 crore investment memorandum of understanding with the government of Tamil Nadu. WOLP aims to create a portfolio of 16-18 million sq ft over the next few years. ....

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Welspun One plans to invest over Rs 600 crore to develop in-city warehouse in Thane

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. ....

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