Ecom Express has leased over 4 lakh sq. ft. of warehousing space in the logistic hubs of Bhiwandi and Farukhnagar from Welspun One Logistics Parks. Bhiwandi and Farukhnagar are both thriving Logistics Ecosystems servicing the consumption centers of MMR and NCR respectively. Ease of connectivity to expressways, highways and nearby states have established both these locations as critical warehousing micro-markets. Through this deal, Ecom Express will add to its existing warehousing inventory in these strategic markets, built specifically to meet their needs whilst at par with global “Grade A” standards. According to the deal, Ecom Express has leased the warehousing spaces for a term of 9 years at both the parks, in two separate transactions and these projects are expected to go live by the second half of 2022.