• This state-of-the-art facility will revolutionize the supply chain in the Asia Pacific region.

Mumbai, India – Welspun One, India’s fastest growing logistics and industrial real estate management company, is set to invest USD 325 million in the country’s largest single-site, Class A industrial warehousing complex within the Jawaharlal Nehru Port Authority (JNPA) Special Economic Zone (SEZ) in Navi Mumbai (India). The initial design plan for the complex was to be built on 1.2 million square feet at an investment of around USD 84 million, but the company has now decided to scale up the project to around 4.45 million square feet of built-up area (BUA) to cater to the growing demand for import and export services at JNPA.

JNPA, which handles about 35% of India’s seaborne traffic, is the largest container port in terms of throughput. It is strategically located to offer an unprecedented opportunity for the Special Economic Zone (SEZ) and Free Trade Zone (FTWZ) sector to expand, as the region has historically faced constraints in integrated facility solutions. Welspun One bridges this gap, offering cost-effective, integrated logistics solutions to companies across sectors such as chemicals, automobiles, fast-moving consumer goods (FMCG), pharmaceuticals and electronics in a region with high potential.

The facility offers unparalleled advantages, being strategically located within 5 km of port terminals with direct access to vessels, not to mention its proximity to vital transport links such as National Highways, Dedicated Freight Corridor (Western), Mumbai Trans-Harbour Link (MTHL) and the upcoming Navi Mumbai Airport, giving it a significant logistical advantage. In addition, this mega project features 3.95 million sq ft of warehousing space, 0.25 million sq ft of Grade A office space and 0.25 million sq ft of industrial space.

Designed for maximum operational efficiency, the complex features a ground floor and two additional floors, each with a height of 12 metres, and 30-foot wide one-way ramps to ensure smooth movement of goods between floors. Additionally, the complex has a floor loading capacity of 6 tonnes, accommodates over 400,000 pallets, and has parking for over 600 trucks. Officially the largest single-site industrial warehousing complex in India, the facility is redefining the standards of integrated logistics ecosystem with an annual capacity of 36,000 TEUs.

The project is not only a logistics hub, but also plays a vital strategic role in supporting businesses. Not only that, it also contributes to the local economy, as it is expected to provide direct and indirect employment opportunities to over 5,000 individuals. Additionally, being part of a declared Special Economic Zone (SEZ), it offers beneficiaries additional benefits such as exemption from Goods and Services Tax (GST), deferral of customs duties, ease of customs clearance procedures, and reduced risk of detention or delay, all of which will facilitate the smooth movement of goods and improved inventory management, leading to improved operational efficiency and cost reductions of up to 15%. Furthermore, the port’s logistics efficiency will be significantly improved, making the project an ideal hub for international companies looking to optimize their supply chains.

Commenting on the development, Mr. Anshul Singhal, Managing Director, Welspun One, said, “The port ecosystem in India has always been in dire need of a logistics solution that goes beyond just warehousing. This facility is set to revolutionize India’s logistics and supply chain operations, enhance India’s position in the global trade arena, and increase the ease of doing business. By strategically positioning and collaborating with a world-class team of designers and engineers from Japan, Singapore and the Middle East, we are building a world-class facility that will deliver on the twin goals of efficiency and cost effectiveness. This investment is not only a milestone in Welspun One’s journey, but a bold and successful step towards revolutionizing the logistics landscape in India.”

Commenting on the milestone, Mr. Balkrishan Goenka, Chairman, Welspun World, said, “We have recently raised USD 325 million (including USD 84 million co-investment commitments) for Fund II, which underscores the confidence investors have in our strategy and ability to create demand-driven, logistics-focused developments. With around 70% of the funding already committed to specific projects and 45% utilised, we are executing our projects with efficiency and speed that sets us apart from the rest. This project in the JNPA Economic Zone is a key component of our vision to be part of India’s growth story and reshape the logistics infrastructure.”

For more information:
  Website: www.welspunone.com | Contact us at Abhishek_Dassani@welspun.com

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