Lodha Group signs warehousing agreement with Morgan Stanley

29 Dec 2021 CW Team

Realty developer Lodha Group told the media that it closed an agreement with an affiliate of Morgan Stanley Real Estate Investing (MSREI) to build 1.9 million sq ft at Palava Industrial and Logistics Park (PILP) near Mumbai.

It will develop Grade-A warehousing spaces across 72 acres with an investment of Rs 600 crore.

The Mumbai-based company will be the development manager for the project and will be accountable for project expansion, leasing and asset management.

Their marquee purchases and significant partnerships for PILP have assisted them in setting a solid track record in the logistics sector. Through this collaboration, they would leverage their development expertise along with MSREI’s industrial know-how as they grow and improve the best-in-class industrial park. PILP is part of the 4,500-acre Palava city, its biggest mixed-use development project. Vineet Sekhsaria, executive director and head, MSREI, India, told the media that they believe Palava will shortly become the most strategic area for logistics and industrial growth in western India. Considering the scaled-up infrastructure with numerous connectivity routes to the city and forthcoming trans harbour sea-link, Palava will have advantages, unlike other areas.

Image Source

Also read: Make-in-India scheme holds massive potential in warehousing

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..