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Welspun One Logistics Parks (WOLP), a pan-India integrated fund, development, and asset management platform, part of the US$3.5 billion Welspun Group, has signed a Memorandum of Understanding (MoU) with Guidance - the Government of Tamil Nadu's nodal agency, for investment promotion and single window facilitation. This is towards setting up warehousing facilities across the state. The projects will be executed by Welspun One Logistics Parks and will bring direct investments of approximately INR 2500 cr to Tamil Nadu. Under this MoU, a total of six projects have been proposed in prime warehousing micro-markets like Hosur, Sriperumbudur and Thiruvallur; totalling to a development potential of approximately 8 mn sq ft to be built across a span of 5 years.
The MoU signifies a deep relationship between the Government of Tamil Nadu (GoTN) and Welspun One Logistics Parks with the collective aim of enriching the logistics infrastructure within the state. Considering the tangible social and economic benefits that the investments engender, the GoTN has assured support in streamlining the approval processes and single-window clearances for WOLP initiated projects to facilitate the overall ease of doing business. WOLP in turn, is determined to provide high-impact sustainable warehousing solutions by incorporating green infrastructure and an industry-led technology approach.
Commenting on the collaboration, Anshul Singhal, Managing Director, Welspun One Logistics Parks said, "We are extremely pleased to announce the signing of this MoU with the Government of Tamil Nadu. As per our blueprint, we are looking at developing approximately 400 acres of land in Tamil Nadu to build top-class, warehousing facilities. With every project, we aim to create a social impact and these projects have the potential to create over 8000 jobs."
Pooja Kulkarni, Managing Director (MD) & Chief Executive Officer (CEO), Guidance said, "Over the past few years, India has made significant progress by building logistics infrastructure and undertaking various regulatory and structural reforms. Before the GST regime, most companies had multiple, small warehouses across states for the sole purpose of minimizing taxes. The introduction of GST allowed firms to start focusing on building efficient supply chain networks by establishing optimal-sized warehouses in fewer locations. We are happy to associate with Welspun One Logistics Parks to help Tamil Nadu set new standards in creating logistics infrastructure."
The Department for Promotion of Industry and Internal Trade (DPIIT) has released detailed operational guidelines for implementing the Bharat Audyogik Vikas Yojna (BHAVYA), a flagship initiative aimed at developing world-class industrial infrastructure across India. The move is expected to significantly strengthen the country’s manufacturing ecosystem while creating new opportunities for the logistics and supply chain sector. Announced earlier this year by the Union Cabinet, the BHAVYA scheme carries a financial outlay of approximately ₹33,660 crore and targets the development of 100 plug-and-play industrial parks between FY2026-27 and FY2031-32. In the first phase, up to 50 industrial parks will be selected through a challenge-based competitive process involving states and industrial development agencies. The newly released guidelines outline the eligibility criteria, financing structure, implementation framework, and evaluation parameters for participating projects. The scheme is designed to provide pre-approved land, trunk infrastructure, multimodal connectivity, and integrated utilities, allowing manufacturers to establish operations with minimal delays. This approach is expected to reduce project gestation periods and improve India’s competitiveness in global supply chains. A major focus of BHAVYA is the creation of investment-ready industrial ecosystems aligned with the PM GatiShakti National Master Plan. By integrating road, rail, port, and logistics connectivity into industrial development, the programme seeks to address long-standing infrastructure bottlenecks that have impacted manufacturing efficiency and freight movement in the country. The National Industrial Corridor Development Corporation (NICDC) will anchor the implementation of the scheme under the National Industrial Corridor Development Programme (NICDP). According to DPIIT, industrial parks developed under BHAVYA will feature streamlined approval mechanisms, including single-window clearances and investor facilitation systems, aimed at improving ease of doing business. Industry observers believe the scheme could emerge as a catalyst for large-scale manufacturing investments, particularly in sectors such as electronics, automotive, textiles, chemicals, and renewable energy. The development of integrated industrial clusters is also expected to generate significant demand for warehousing, multimodal logistics, cold chain infrastructure, and last-mile connectivity solutions. From a supply chain perspective, BHAVYA is likely to support the decentralisation of manufacturing activity beyond traditional industrial hubs. With industrial parks proposed across multiple states, logistics providers may witness increased opportunities in regional freight movement, inland container operations, and value-added warehousing services. The guidelines further emphasise sustainability, digital infrastructure, and future-ready industrial planning. Parks will be encouraged to adopt green infrastructure standards, smart utility management systems, and resilient logistics planning to attract both domestic and global investors. As India intensifies efforts to position itself as a global manufacturing and export hub, the BHAVYA scheme is being viewed as a strategic step toward building integrated industrial and logistics ecosystems capable of supporting long-term economic growth. 𝐒𝐭𝐚𝐲 𝐓𝐮𝐧𝐞𝐝 𝐭𝐨 https://cargoconnect.co.in/ 𝐟𝐨𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬!Top of Form
DP World, a leading UAE-based port and logistics firm, is considering investing over $1 billion to enhance port infrastructure in Peru, according to the Peruvian government. The announcement followed discussions between Peru's President Dina Boluarte and DP World CEO Sultan Ahmed bin Sulayem. The proposed investment aims to create jobs and boost the nation's agricultural exports, the Peruvian government shared on social platform X. DP World currently operates the Callao port terminal, the largest port in Peru, situated along the central coast. In a statement, DP World's Peru office confirmed it is "evaluating opportunities to deploy more investments" in its local operations, though specific figures have not been disclosed. The expansion would further solidify the firm's presence in the region and support Peru's economic growth.
Chaitanya Projects Consultancy has been appointed by the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) to oversee the creation of transformative integrated manufacturing and logistics clusters (IMLCs) spanning 5,490 hectares. These clusters will be strategically positioned along five key expressways: Ganga, Bundelkhand, Agra-Lucknow, Gorakhpur Link, and Purvanchal Expressways, with the aim of revolutionising the state’s industrial and logistical framework. The initiative is set to significantly boost infrastructure, attract substantial investments, and generate thousands of employment opportunities. The IMLCs will be equipped with state-of-the-art facilities, including advanced road and rail connectivity, and reliable power supply, fostering an ideal environment for both manufacturing and logistics operations. Chaitanya Projects Consultancy is tasked with leading several crucial development phases. This includes formulating a comprehensive master plan and project schedule, conducting technical and financial assessments, and developing detailed land zoning plans. The consultancy will also create integrated engineering solutions for essential infrastructure, such as roads and utilities, and will oversee the construction process to ensure both quality and timely completion. The planned clusters will be powered by dependable energy sources and supported by robust social infrastructure, providing a globally competitive setting that encourages business growth and innovation. This collaboration between Chaitanya Projects Consultancy and UPEIDA is expected to drive significant advancements in Uttar Pradesh’s industrial and logistical sectors, positioning the state as a leader in economic development.
