IndoSpace, India’s largest developer and operator of industrial and logistics real estate, will invest $57 million to develop a 66-acre logistics park in Bhiwandi, a major hub in the Mumbai Metropolitan Region (MMR). The investment comes in addition to $330 million already committed in Maharashtra to bolster logistics and infrastructure.

Operations at the Bhiwandi park will commence in phases within this financial year, offering both ready-to-move-in and build-to-suit (BTS) options. With a development potential of over 1.7 million sq ft, the facility will cater to businesses in e-commerce, third-party logistics, FMCG, automotive and electronics.

Anshuman Singh, Managing Director and CEO of IndoSpace, said: “The launch of our Bhiwandi park underscores IndoSpace’s role in expanding India’s supply chain backbone. As consumption, manufacturing and trade evolve, reliable logistics infrastructure is crucial. Our facilities blend efficiency with sustainability, aligning with India’s growth imperatives.”

The park will incorporate ESG-compliant features, including green spaces and sustainable infrastructure. Its strategic location provides connectivity to Mumbai, Thane and Pune, with additional access via the Mumbai–Nagpur Samruddhi Expressway, enhancing regional distribution efficiency.

India’s warehousing and industrial parks are seeing strong demand. According to Cushman & Wakefield, Mumbai led leasing in H1 2025 with 7 million sq ft, a 131.3 per cent year-on-year increase, representing 23 per cent of all-India leasing, which reached 30.7 million sq ft, up 21.6 per cent year-on-year.