Jabil Leases Warehouse Near Pune For Rs Nine Point Four Eight mn
WAREHOUSING & LOGISTICS

Jabil Leases Warehouse Near Pune For Rs Nine Point Four Eight mn

US-based Jabil has taken on a zero point four one million (mn) square feet (sq ft) warehousing space near Pune at a monthly rent of Rs nine point four eight mn. The firm, which operates in electronics manufacturing services, has secured the facility for its regional logistics and distribution needs. The area and rent were disclosed in a press release.

The leased property is positioned close to established industrial and logistics corridors that serve Pune and adjoining districts. The space totals zero point four one mn sq ft and is expected to support storage, fulfilment and movement of components and finished goods for regional operations. The company will use the premises to consolidate inventory and improve supply chain responsiveness.

Demand for large-format warehousing around Pune has been driven by manufacturing, automotive supply chains and e-commerce fulfilment requirements, sustaining developer interest in last-mile and regional logistics assets. Market participants note that availability of ample land and connectivity to highways and ports underpin growth in this segment. Leasing by multinational contract manufacturers indicates a preference for scalable facilities near production hubs.

At the stated monthly rent of Rs nine point four eight mn for zero point four one mn sq ft, the effective rental works out to about Rs23.12 per sq ft per month, reflecting current market dynamics for high-quality logistics space in the region. Landlords and occupiers are increasingly structuring deals with flexibility on tenure and fit-out contributions to balance investment and operational needs. Analysts expect such arrangements to remain a feature as demand for integrated manufacturing and distribution ecosystems grows.

The transaction adds to a stream of institutional and corporate leases that are reshaping Pune's logistics landscape and underlines investor confidence in the region's long-term demand fundamentals. For Jabil, the new facility will support its supply chain efficiency and proximity to clients in western India. The move may prompt further demand for purpose-built logistics capacities near major manufacturing clusters.

US-based Jabil has taken on a zero point four one million (mn) square feet (sq ft) warehousing space near Pune at a monthly rent of Rs nine point four eight mn. The firm, which operates in electronics manufacturing services, has secured the facility for its regional logistics and distribution needs. The area and rent were disclosed in a press release. The leased property is positioned close to established industrial and logistics corridors that serve Pune and adjoining districts. The space totals zero point four one mn sq ft and is expected to support storage, fulfilment and movement of components and finished goods for regional operations. The company will use the premises to consolidate inventory and improve supply chain responsiveness. Demand for large-format warehousing around Pune has been driven by manufacturing, automotive supply chains and e-commerce fulfilment requirements, sustaining developer interest in last-mile and regional logistics assets. Market participants note that availability of ample land and connectivity to highways and ports underpin growth in this segment. Leasing by multinational contract manufacturers indicates a preference for scalable facilities near production hubs. At the stated monthly rent of Rs nine point four eight mn for zero point four one mn sq ft, the effective rental works out to about Rs23.12 per sq ft per month, reflecting current market dynamics for high-quality logistics space in the region. Landlords and occupiers are increasingly structuring deals with flexibility on tenure and fit-out contributions to balance investment and operational needs. Analysts expect such arrangements to remain a feature as demand for integrated manufacturing and distribution ecosystems grows. The transaction adds to a stream of institutional and corporate leases that are reshaping Pune's logistics landscape and underlines investor confidence in the region's long-term demand fundamentals. For Jabil, the new facility will support its supply chain efficiency and proximity to clients in western India. The move may prompt further demand for purpose-built logistics capacities near major manufacturing clusters.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code