Betting big on domestic supply chain boom, warehousing and industrial real estate platform Welspun One on Tuesday announced plans to lease over 10 million sq ft over the next three years, nearly double its current operational footprint.
The deals include a 5.9 lakh sq ft single-box facility for Amazon India, a 20-metre-high warehouse for AAJ Supply Chain, the company said.
A controlled-environment facility of over 2 lakh sq ft built-to-the-precise specifications of a leading medical equipment manufacturer, a signal of how the sector is moving well beyond commodity storage, forms the part of the 10-million sq ft land deal, it said.
As part of its next growth phase, Welspun One said it is also expanding beyond large-format warehousing into adjacent segments, including in-city distribution, retail and commercial infrastructure.
Key projects under construction are the country’s largest free trade warehousing zone (FTWZ) development at Nhava Sheva with over 4.5-million sq ft of space, o
