Mahindra Logistics Leases 4,75,000 Sq Ft Warehouse in West Bengal

25 Oct 2025 CW Team

Mahindra Logistics Limited (MLL) has leased a 4,75,000 sq ft warehouse in West Bengal for a tenure of 9.9 years, at a total rental value exceeding Rs 1.35 billion. The warehouse, located in Howrah district, is part of the company’s strategic expansion to strengthen its logistics and supply chain footprint in eastern India.

The agreement, signed with RDR Logistics, includes an annual rent escalation clause and covers a built-to-suit facility designed for multi-client operations. The property is expected to support warehousing, distribution, and last-mile connectivity for Mahindra Logistics’ key clients across sectors such as e-commerce, automotive, and consumer goods.

The move aligns with MLL’s broader strategy to enhance Grade-A warehousing capacity and expand its pan-India network to over 25 million sq ft by FY26.

Infrastructure Urban

18 Nov 2025

PTC Expands Mehsana Plant To Boost Precision Manufacturing

PTC Industries Limited, a leading producer of high-precision castings and advanced materials for critical applications, has commenced a significant expansion of its investment-casting facility in Mehsana, Gujarat. With global supply chains undergoing a strategic realignment, industries are increasingly shifting production to resilient and trusted destinations. India is emerging as a major hub for precision manufacturing, creating substantial opportunities for industrial casting exports. In response, PTC is scaling and modernising its Mehsana site to capture rising global demand. The expansio..

Apollo Completes Acquisition Of IDL Explosives

Apollo Defence Industries Private Limited, a subsidiary of Apollo Micro Systems Limited, has confirmed the successful completion of its full acquisition of IDL Explosives Limited from GOCL Corporation Limited. With this transaction now concluded, IDL Explosives becomes a step-down subsidiary of Apollo Micro Systems. IDL Explosives operates manufacturing facilities in Rourkela and several other locations across India. Apollo Group plans to expand and strengthen the company’s operations in line with its strategic ambitions within the rapidly growing defence explosives sector. The acquisition..

GOCL Completes Sale Of IDL Explosives To Apollo Defence

GOCL Corporation Limited has announced the completion of the sale of its subsidiary, IDL Explosives Limited, to Apollo Defence Industries, marking the conclusion of the divestment process approved by shareholders earlier this year. IDL Explosives operates manufacturing units in Rourkela and several other locations nationwide. Apollo Defence plans to expand and reinforce the business in line with its strategic objectives within the rapidly growing defence sector. With this divestment, GOCL and the Hinduja Group complete their strategic exit from the explosives and detonators portfolio. Last y..