Welspun One unveils ₹2,700 cr warehousing & industrial park at JNPA SEZ

Welspun One, in collaboration with the Jawaharlal Nehru Port Authority (JNPA), has unveiled a state-of-the-art logistics facility with an annual throughput capacity of 36,000 TEUs. Spanning 55 acres, the project includes over 400,000 pallet positions, parking for 600 trucks, and aims to create over 5,000 direct and indirect jobs, boosting the local economy.

Initially planned as a 1.2 million sq ft development with an investment of ₹700 crore, the project has been scaled up to 4.45 million sq ft, comprising 3.95 million sq ft of warehousing, 0.25 million sq ft of Grade A office space, and 0.25 million sq ft of industrial space, catering to rising export-import demands at JNPA. Located within 5 km of port terminals and with access to major transport networks like National Highways, the Dedicated Freight Corridor (West), and the upcoming Navi Mumbai Airport, the facility offers unparalleled logistical advantages.

As part of a notified SEZ, it provides additional benefits, including GST exemptions, customs duty deferments, expedited customs clearance, and reduced detention risks, enabling cost savings of up to 15%. This makes it a strategic hub for industries like chemicals, automotive, FMCG, pharmaceuticals, and electronics.

The facility is positioned to address long-standing gaps in India’s logistics sector, offering integrated solutions that enhance operational efficiency and supply chain optimisation. With a recent ₹2,275 crore equity fundraising for Fund 2, Welspun One is executing this ambitious project at scale and speed, reflecting investor confidence.

According to Balkrishan Goenka, Chairman of Welspun World, the JNPA SEZ project is pivotal to aligning with India’s growth story and reshaping its logistics infrastructure. Anshul Singhal, Managing Director of Welspun One, highlighted the transformative impact of the facility, positioning it as a game-changer for India’s logistics and supply chain operations, elevating the country’s global trade competitiveness.

Welspun One is a prominent integrated platform specialising in industrial and warehousing real estate, offering innovative and customised infrastructure solutions to meet the needs of businesses across various sectors. As part of the Welspun Group, the company leverages its parent organisation’s expertise and legacy to deliver high-quality, sustainable, and strategically located facilities across India.