Welspun One and Indev Infra Forge Strategic Partnership for Logistics Growth
Welspun One leases 210,000 sq ft of space to Indev Infra at JNPA SEZ for warehousing and logistics. Indev aims to enhance its Free Trade Warehousing Zone capabilities, supported by a Rs 2,700 crore project at WTC Nhava Sheva, fostering trade-led growth with integrated logistics solutions.
- Country:
- India
In a strategic move, Welspun One has announced the leasing of 2.10 lakh square feet at JNPA SEZ to Indev Infra. This facility will support Indev's ambitions in expanding its Free Trade Warehousing Zone capabilities.
The Grade A+ facility will provide comprehensive logistics solutions, including cold storage and EXIM cargo handling. The Rs 2,700 crore WTC Nhava Sheva project is designed to support large-scale trade activities, backed by NaBFID financing.
This collaboration strengthens Indev Infra's position at a crucial trade gateway, enhancing their capacity to manage supply chains and support international trade, according to company officials.
(With inputs from agencies.)
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