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
Infrastructure Urban

RITES Bags Rs 362 Million Order From DVC

RITES Limited, a Schedule 'A' enterprise under the Government of India, has announced that it has received a major domestic work order from the Damodar Valley Corporation (DVC). The company disclosed the development in a filing to the BSE and NSE dated 2 October 2025. The total contract value stands at Rs 362 million (excluding GST).Under the agreement, RITES will provide comprehensive services for the DVC Mejia Thermal Power Station. The scope of work includes the Annual Maintenance Contract (AMC) for Railway Sidings tracks, Operation and Maintenance (O&M) of Signalling and Telecommunicat..

Next Story
Infrastructure Urban

Greta Minerals Doubles WA Exploration Land, Targets Lithium Supply for India

Greta Minerals Pte, part of Singapore-based Greta Group, has expanded its exploration footprint in Western Australia to 1,550 sq km, up from 700 sq km acquired in 2024.Nitesh Chaudhari, Chairman of Greta Group, said, “We are very happy to expand our landholding, encouraged by initial results from Ultrafine+ soil sampling at Gecko North. The geological corridor appears promising for lithium, gold, and other critical minerals.”The Gecko North Project, 25 km northwest of Coolgardie, is one of seven critical mineral and gold projects under Greta Minerals (Australia) Pty, which now holds 37 gra..

Next Story
Infrastructure Urban

Vedanta Extends Demerger Deadline to March 2026 Amid Pending Approvals

Vedanta, led by Anil Agarwal, has extended the deadline for its corporate demerger to March 31, 2026, as approvals from the National Company Law Tribunal (NCLT) and relevant government authorities are still pending, the company said in a regulatory filing. The deadline had earlier been extended from March 31, 2025, to September 30, 2025.The board stated, “Given that the conditions precedent in the Scheme, including NCLT approval and approvals from certain government authorities, are still in process, the timeline for fulfilment of these conditions has been extended to March 31, 2026.” The ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?