Welspun One launches Rs 2,700 crore warehousing and industrial park in Navi Mumbai

According to a report, Integrated fund and Development Management platform Welspun One announced the launch of the country's largest single-location Grade A warehousing and industrial park at JNPA Special Economic Zone in Navi Mumbai at an investment of Rs 2,700 crore.

With an annual throughput capacity of 36,000 TEUs, the facility which is a part of the strategic collaboration between Welspun One and JNPA- Jawaharlal Nehru Port Authority (INPA) can accommodate over 400,000 pallet positions along with parking provision for over 600 trucks, Welspun One said in a statement.

The 55-acre integrated logistics ecosystem project is not just a logistics hub but a strategic business enabler as it is expected to generate direct and indirect employment for over 5,000 people, strengthening the local economy, it said.

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