+
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
Infrastructure Urban

Assam Gets Approval For 350,000 PMAY Homes

Assam Chief Minister Himanta Biswa Sarma met Union Agriculture Minister Shivraj Singh Chouhan in New Delhi, where the minister handed an approval document for 310,000 new homes under the Pradhan Mantri Awas Yojana. The chief minister subsequently posted on X expressing gratitude and noting that the minister had formally handed approval for 380,000 homes as well. The release and the social media post contained varying figures, with broader references to 350,000 homes reported in some summaries. The approvals carry central assistance equivalent to Rs 50 billion (bn), corresponding to the five th..

Next Story
Infrastructure Urban

KPIGreen Achieves Highest Energised Capacity of 630+ MW DC

KPI Green Energy energised more than 630 MW DC of capacity in the June to August quarter, marking the highest quarterly addition in the company's history. The capacity was brought online across its Independent Power Producer (IPP) and Engineering, Procurement and Construction (EPC) businesses. The company said the achievement reflected the scale, speed and consistency of its project execution engine. The firm described the quarter as a material operational milestone since its founding. The milestone covers a diversified mix of IPP assets and projects executed under the EPC vertical, spanning u..

Next Story
Infrastructure Energy

Adani Energy Solutions Wins Rs 47 bn Maharashtra Transmission Project

Adani Energy Solutions has won a transmission contract in Maharashtra valued at Rs 47 billion (Rs 47 bn) to evacuate 4,500 megawatt (MW) of renewable and storage power. The company informed exchanges that the project will facilitate pumped storage potential near Satara and strengthen the inter-regional corridor between the Western and Southern grids. The award follows a competitive bidding process and will support renewable energy evacuation to major load centres in the state. The scope includes establishment of a 765/400 kV substation at Satara, construction of a Kolhapur-Satara 765 kV double..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code