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
Resources

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?