Cargo Breaking News
Welspun One has announced the launch of a ‘Grade A’ warehousing and industrial park at the Jawaharlal Nehru Port Authority (JNPA) Special Economic Zone (SEZ) in Navi Mumbai. Originally envisaged as a 1.2 million sq. ft. park which entailed an investment of ₹700 crores, the company has now upscaled the size of the project to ~4.45 million sq. ft. of BUA to cater to the growing export-import demand arising at the JNPA Port. It is India’s largest single-location warehouse till date. “India’s port ecosystem has long needed a logistics solution beyond storage. This facility is set to be a game-changer for logistics and supply-chain operations in India and elevate India’s position on global trade and ease of doing business. By identifying the strategic location and partnering with a global team of world-class designers and engineers from Japan, Singapore, and the Middle East, we are building an international facility that delivers on the dual imperatives of efficiency and cost-effectiveness”, Anshul Singhal, Managing Director, Welspun One, said.
