Welspun One gets Rs 23 bn boost for JNPA park
ECONOMY & POLICY

Welspun One gets Rs 23 bn boost for JNPA park

Welspun One Logistics Parks (Welspun One) has secured Rs 23 billion in construction financing from the National Bank for Financing Infrastructure and Development (NaBFID) for its flagship logistics park project at the Jawaharlal Nehru Port Authority (JNPA) in Navi Mumbai.

The JNPA logistics park, spread across 55 acres within the JNPA Special Economic Zone (SEZ), marks Welspun One’s largest logistics development in India. Designed to global standards, the park will offer over 3.6 million square feet of industrial and warehousing facilities catering to the e-commerce, third-party logistics (3PL), fast-moving consumer goods (FMCG), and manufacturing sectors.

NaBFID’s 22-year term loan underlines its commitment to infrastructure-backed growth. “While we have financed other warehousing projects, this one stands out as it is located within a SEZ and is being built to international benchmarks,” said Samuel Joseph, Deputy Managing Director, NaBFID.

Welspun One highlighted that the funding ensures timely project execution and boosts their mission of delivering scalable, high-quality infrastructure. “This park will set new benchmarks in efficiency and scalability. With NaBFID’s support, we are positioned to accelerate execution and create long-term value for our stakeholders,” said Anshul Singhal, Co-Founder and Managing Director, Welspun One.

The project is expected to significantly contribute to India’s growing demand for modern logistics infrastructure.

Welspun One Logistics Parks (Welspun One) has secured Rs 23 billion in construction financing from the National Bank for Financing Infrastructure and Development (NaBFID) for its flagship logistics park project at the Jawaharlal Nehru Port Authority (JNPA) in Navi Mumbai. The JNPA logistics park, spread across 55 acres within the JNPA Special Economic Zone (SEZ), marks Welspun One’s largest logistics development in India. Designed to global standards, the park will offer over 3.6 million square feet of industrial and warehousing facilities catering to the e-commerce, third-party logistics (3PL), fast-moving consumer goods (FMCG), and manufacturing sectors. NaBFID’s 22-year term loan underlines its commitment to infrastructure-backed growth. “While we have financed other warehousing projects, this one stands out as it is located within a SEZ and is being built to international benchmarks,” said Samuel Joseph, Deputy Managing Director, NaBFID. Welspun One highlighted that the funding ensures timely project execution and boosts their mission of delivering scalable, high-quality infrastructure. “This park will set new benchmarks in efficiency and scalability. With NaBFID’s support, we are positioned to accelerate execution and create long-term value for our stakeholders,” said Anshul Singhal, Co-Founder and Managing Director, Welspun One. The project is expected to significantly contribute to India’s growing demand for modern logistics infrastructure.

Next Story
Infrastructure Urban

Designing Tomorrow: Amaravati’s Net Zero Landmark

Amaravati has achieved a defining landmark in India’s sustainable infrastructure journey with the inauguration of the APCRDA Project Office, the nation’s first government building to earn the IGBC Net Zero Energy Rating – Design Stage. Conceptualised by the Andhra Pradesh Capital Region Development Authority (APCRDA) and certified by the Indian Green Building Council (IGBC), the project exemplifies how governance, design and innovation can converge to deliver measurable environmental impact.A vision rooted in sustainabilitySet within a 4.3-acre site along the Seed Access Road in the Amar..

Next Story
Real Estate

Pidilite Elevates Construction with PPS

Pidilite Industries introduced Pidilite Professional Solutions (PPS) — a dedicated vertical for the construction and interiors ecosystem — at ACETECH Bengaluru 2025. Designed to empower architects, developers, contractors, and interior specialists, PPS delivers comprehensive support that extends far beyond products to ensure project excellence from concept to completion. Kavinder Singh, Joint Managing Director, Pidilite Industries, noted, “At Pidilite, we believe in enabling the construction fraternity to build boldly and sustainably. With Pidilite Professional Solutions (PPS),..

Next Story
Infrastructure Transport

Punjab, Centre Fast-Track Rajpura-Mohali Rail Line Development

The central government has fast-tracked the construction of the Rajpura-Mohali rail line to enhance connectivity in Punjab. This ambitious infrastructure project, aimed at improving transportation links between Rajpura and Mohali, has been identified as a key step in fostering regional economic growth. Union Minister for Railways, Ashwini Vaishnaw, announced the project’s acceleration during a recent assessment of the area. The rail line is expected to play a significant role in reducing travel time, promoting industrial growth, and boosting logistics efficiency in the region. The project,..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?