Welspun logistics subsidiary to invest Rs 2,000 cr in warehousing

21 Jul 2021 CW Team

Welspun One Logistics Parks (WOLP), an asset management company, intends to invest approximately Rs 2,000 crore in developing and leasing a portfolio of seven-eight million square feet of grade-A warehousing space across India.

The Welspun Group-backed platform will build these warehousing parks in pre-identified high-growth markets like -- Mumbai, Pune, Bengaluru, NCR, Chennai, Kolkata, and Lucknow.

In addition, the company plans to build warehouses in high-potential Tier-II and -III markets.

The fund is currently in advanced talks with landowners in Tier-I cities such as Bengaluru, Delhi, Kolkata, Mumbai and Pune to acquire land parcels ranging from 40 to 75 acres.

The fund is building and operating a 300-400 acre warehousing portfolio.

Tenants from e-commerce, FMCG, third-party logistics, pharmaceuticals, and auto-ancillaries will be leased for a long time in these parks.

Welspun One also has a transaction pipeline double the size of its Bhiwandi project, with demand coming from e-commerce, third-party logistics, manufacturing, and pharmaceutical industries.

The company recently launched Welspun One Logistics Parks Fund I, the first warehousing alternate investment fund (AIF) in India, and is nearing the end of the fundraising process.

Within two months of its launch, the fund had its first close, thanks to strong interest from corporations, family offices, and high-net-worth individuals.

Despite the fall of other commercial real estate segments in recent quarters, the warehousing market has stood out, driven by e-commerce and third-party logistics growth.

Image Source

Also read: E-commerce boom to boost warehousing in India

Also read: IndoSpace to invest $300 mn to acquire land in warehousing

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..