Welspun One secures over Rs 5 bn in 2nd warehouse fund's initial close

16 May 2023 CW Team

Welspun One Logistics Parks (WOLP), a platform focused on developing and managing warehousing and industrial real estate, has successfully raised over Rs 5 billion through the initial close of its second Alternative Investment Fund (AIF), WOLP Fund 2. The funds were raised from high net-worth and family office investors within 8 weeks of its launch in March. The aim is to raise a total corpus of Rs 20 billion, including a green shoe option of Rs 10 billion. This is the largest AIF to be raised for the warehousing and logistics sector in India.

Balkrishan Goenka, Chairman,Welspun Group, stated that the government's proactive policy stance, coupled with rising consumption, exponential e-commerce growth, and sustained manufacturing expansion, positions the sector well to achieve exponential growth over the next few years. The fund's ambitious national development plan aims to deliver much-needed infrastructure to the nation while delivering compelling returns for investors.

The total corpus of the fund, along with project level leverage, is expected to provide enough funds to invest in projects that entail an outlay of over Rs 6,000 crore. The speed of the raise underscores the strong investor confidence in both the platform and the prospects of the warehousing and industrial sector in the country.

Anshul Singhal, Managing Director of Welspun One Logistics Parks, said, "The robust response from investors in a short time-frame of 8 weeks is a record of sorts in the alternative investments space. This achievement not only exemplifies the trust and confidence that investors have bestowed upon us but also the increasing depth of capital available from domestic investors who are willing to back new age ideas and infrastructure."

Also read:
Railways approves ROB for Habibganj-AIIMS link
Goa to build 6-lane elevated corridor on EPC model

Infrastructure Transport

18 Dec 2025

RVNL secures Rs 1.65 billion railway bridge project from North Eastern Railway

Rail Vikas Nigam (RVNL) has received a Letter of Award (LoA) from North Eastern Railway for a Rs 1.65 billion railway infrastructure project, strengthening its order book and showcasing its expertise in complex railway construction.The project involves constructing the substructure of a major railway bridge over the Gandak River, located between Paniyahwa and Valmikinagar stations. This is part of the doubling of the Gorakhpur Cantt–Valmikinagar railway section, aimed at improving line capacity and operational efficiency.The bridge will feature 14 spans of 61 metres each, built on double D-t..

Raebareli’s Modern Coach Factory rolls out 15,000th railway coach

The Modern Coach Factory (MCF) at Raebareli in Uttar Pradesh has achieved a major manufacturing milestone with the rollout of its 15,000th railway coach on December 15, the Ministry of Railways said.In a press note, the ministry said that MCF has already produced 1,310 coaches in the current financial year 2025–26, reflecting sustained high output at one of Indian Railways’ most advanced passenger coach manufacturing units.Established in 2007 at Lalganj in Raebareli district, MCF was built at a cost of Rs 31.92 billion with an initial annual production capacity of 1,000 coaches. The factor..

RailTel wins Rs 260.88 million IT infrastructure order from VOC Port

Navratna public sector undertaking RailTel Corporation of India has secured an IT infrastructure order worth Rs 260.88 million from V.O. Chidambaranar Port Authority (VOC Port), strengthening its presence in port-led digital transformation projects.According to an exchange filing dated December 16, 2025, RailTel has received a Letter of Acceptance (LoA) from VOC Port Authority for the implementation of advanced IT infrastructure at the port. The project is domestic in nature and is scheduled to be completed by August 15, 2026.The company said the order has been awarded in the normal course of ..