Welspun One to Build India’s Largest Warehousing Park at JNPA SEZ

02 Dec 2024 CW Team

Welspun One, a logistics and industrial real estate manager, plans to invest over ?2,700 crore to develop India’s largest single-location Grade A warehousing and industrial park at the Jawaharlal Nehru Port Authority (JNPA) Special Economic Zone (SEZ) in Navi Mumbai.

Initially envisioned as a 1.2 million sq ft facility with an investment of ?700 crore, the project has been expanded to 4.45 million sq ft to address rising export-import demands at JNPA, which handles 35% of India’s maritime traffic.

The state-of-the-art park will feature 3.95 million sq ft of warehousing space, 250,000 sq ft of Grade A office space, and 250,000 sq ft of industrial space. With its strategic location, just 5 km from port terminals and close to critical transport networks such as the Mumbai Trans Harbour Link and the upcoming Navi Mumbai Airport, the park is set to become a logistics hub.

“India’s port ecosystem needs solutions beyond storage. This facility will elevate India’s position in global trade and ease of doing business,” said Anshul Singhal, MD, Welspun One.

Slated to be operational by Q1 2026, the facility will serve sectors like chemicals, automotive, FMCG, pharmaceuticals, and electronics. The project will generate over 5,000 jobs and provide SEZ occupiers benefits like GST exemptions and faster customs clearance.

With advanced features such as unidirectional ramps, 6-ton floor load capacity, and an annual throughput of 36,000 TEUs, the park promises efficiency and cost-effectiveness. Welspun One’s Fund 2 has already secured ?22.75 billion, underscoring investor confidence in its logistics-driven developments.

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..