Welspun One to Raise Rs 40 Billion to Double Portfolio by 2028

20 Dec 2024 CW Team

Welspun One, an integrated fund and management development platform, has initiated a process to raise Rs 40 billion, attracting significant interest, particularly from global investors. This move is part of the company's strategy to expand its portfolio from 16 million sq ft to 32 million sq ft by 2028, with a robust pipeline of around 8 million sq ft already identified across various assets. The funds raised will diversify Welspun One's investor base and position the platform as a key point of entry for international investors looking to tap into India's growing logistics sector. The company also plans to deploy approximately Rs 15 billion into new-age, capital-intensive logistics assets. Yash Ravel, CEO of Fund Management at Welspun One, emphasised that aligning with global partners will not only secure capital but also set a new standard in efficiency, adaptability, and long-term value creation for stakeholders. Welspun One highlights the boom in India’s e-commerce and quick commerce sectors, creating vast opportunities in logistics and industrial real estate that demand high-performance, scalable infrastructure. The company’s proven ability to execute large-scale investments has positioned it as a trusted partner for global capital providers looking to invest in India’s rapid growth. The company has already committed 75% of its Rs 22.75 billion Fund 2 within six months of its final close earlier this year. Welspun One aims to achieve a peak AUM (Assets Under Management) of $1 billion across 16 Grade A assets by 2026, further solidifying its status as India’s fastest-growing logistics and industrial real estate manager-developer. (Business Standard)

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..