Welspun One Secures Rs 23 Bn for Mega JNPA Logistics Park
WAREHOUSING & LOGISTICS

Welspun One Secures Rs 23 Bn for Mega JNPA Logistics Park

Welspun One Logistics Parks has achieved financial closure for its flagship logistics park at the Jawaharlal Nehru Port Authority (JNPA) SEZ in Navi Mumbai. The project has secured Rs 23 billion in construction financing underwritten by the National Bank for Financing Infrastructure and Development (NaBFID), a strong endorsement of both the project’s potential and Welspun One’s leadership in the sector.

Spread across 55 acres within the JNPA Special Economic Zone, this Grade A industrial and warehousing facility will cater to key sectors such as e-commerce, third-party logistics (3PL), FMCG, and manufacturing. With a planned built-up area of over 3.6 million square feet, the park represents Welspun One’s largest development to date, and is poised to play a critical role in strengthening India’s logistics backbone.

Commenting on the milestone, Anshul Singhal, Co-Founder and Managing Director of Welspun One, remarked: “The financial closure of our JNPA project marks a pivotal step in our journey to create world-class logistics and industrial infrastructure in India. This park will set new benchmarks in efficiency and scalability, supporting India’s growing demand for high-quality warehousing solutions. With NaBFID’s support, we are positioned to accelerate execution while continuing to drive long-term value for our stakeholders.”

The strategic location within the SEZ ensures multimodal connectivity, which, combined with its scale and design, is expected to significantly enhance supply chain performance for businesses operating in and around the Mumbai Metropolitan Region.

Welspun One Logistics Parks has achieved financial closure for its flagship logistics park at the Jawaharlal Nehru Port Authority (JNPA) SEZ in Navi Mumbai. The project has secured Rs 23 billion in construction financing underwritten by the National Bank for Financing Infrastructure and Development (NaBFID), a strong endorsement of both the project’s potential and Welspun One’s leadership in the sector. Spread across 55 acres within the JNPA Special Economic Zone, this Grade A industrial and warehousing facility will cater to key sectors such as e-commerce, third-party logistics (3PL), FMCG, and manufacturing. With a planned built-up area of over 3.6 million square feet, the park represents Welspun One’s largest development to date, and is poised to play a critical role in strengthening India’s logistics backbone. Commenting on the milestone, Anshul Singhal, Co-Founder and Managing Director of Welspun One, remarked: “The financial closure of our JNPA project marks a pivotal step in our journey to create world-class logistics and industrial infrastructure in India. This park will set new benchmarks in efficiency and scalability, supporting India’s growing demand for high-quality warehousing solutions. With NaBFID’s support, we are positioned to accelerate execution while continuing to drive long-term value for our stakeholders.” The strategic location within the SEZ ensures multimodal connectivity, which, combined with its scale and design, is expected to significantly enhance supply chain performance for businesses operating in and around the Mumbai Metropolitan Region.

Next Story
Technology

Building Faster, Smarter, and Greener!

Backed by ULCCS’s century-old legacy, U-Sphere combines technology, modular design and sustainable practices to deliver faster and more efficient projects. In an interaction with CW, Rohit Prabhakar, Director - Business Development, shares how the company’s integrated model of ‘Speed-Build’, ‘Smart-Build’ and ‘Sustain-Build’ is redefining construction efficiency, quality and environmental responsibility in India.U-Sphere positions itself at the intersection of speed, sustainability and smart design. How does this translate into measurable efficiency on the ground?At U..

Next Story
Infrastructure Transport

Smart Roads, Smarter India

India’s infrastructure boom is not only about laying more kilometres of highways – it’s about building them smarter, safer and more sustainably. From drones mapping fragile Himalayan slopes to 3D machine-controlled graders reducing human error, technology is steadily reshaping the way projects are planned and executed. Yet, the journey towards digitisation remains complex, demanding not just capital but also coordination, training and vision.Until recently, engineers largely depended on Survey of India toposheets and traditional survey methods like total stations or DGPS to prepare detai..

Next Story
Real Estate

What Does DCPR 2034 Mean?

The Maharashtra government has eased approval norms for high-rise buildings under DCPR 2034, enabling the municipal commissioner to sanction projects up to 180 m on large plots. This change is expected to streamline approvals, reduce procedural delays and accelerate redevelopment, drawing reactions from developers, planners and industry experts about its implications for Mumbai’s vertical growth.Under the revised DCPR 2034 rules, buildings on plots of 2,000 sq m or more can now be approved up to 180 m by the municipal commissioner, provided structural and geotechnical reports are certified b..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?