ESR, the Warburg Pincus-backed company, is planning to develop a 300,000 square metre (3.2 million square foot) logistics park on the site in Haryana state. The company acquired the land parcel, which is adjacent to the 223,000 square metre Keystone Knowledge Park science and technology hub. “ESR India is committed to building institutional grade logistics infrastructure to facilitate the development and modernisation of the nation’s supply chain. ESR Sohna will be well-positioned to cater to the needs of the expanding e-commerce industry with state-of-the-art infrastructure to aid advanced supply chain and logistics processes,” says, Abhijit Malkani and Jai Mirpuri, Country Heads of ESR India, in a joint statement.
Located in the city of Sohna, 55 kilometres south of Indira Gandhi International Airport, the proposed high-spec park will support last-mile delivery for the business hubs of New Delhi, Gurugram and Faridabad.