Welspun One Secures Rs 23 Bn for Mega JNPA Logistics Park

09 Apr 2025 CW Team

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.

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..