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Global Shipping & Trade
Asia

Welspun One will invest Rs 2,700 crore to build largest single-location warehouse

by Kalpana Pandey
November 28, 2024
in Asia, Logistics, News, Warehousing
Reading Time: 2 mins read
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Welspun One intends to create India’s largest warehouse park. The 4.45 million-square-foot park will be located at the JNPA SEZ. It will cost Rs. 2,700 crores. The project will increase export and import trade. It will produce more than 5,000 jobs. The park will be open by 2026. It provides organizations with a comprehensive logistics solution. Welspun manages logistics and industrial real estate. One intends to invest more than Rs 2,700 crore in the development of India’s largest single-location Grade A warehouse and industrial park, which will span 55 acres at the Jawaharlal Nehru Port Authority (JNPA) Special Economic Zone (SEZ) in Navi Mumbai.

The park was originally envisaged with a size of 1.2 million sq ft entailing an investment of Rs 700 crore. The warehousing platform of the conglomerate Welspun World has now upscaled the same to 4.45 million sq ft of built-up area to cater to the growing export-import demand arising at the JNPA Port.

The mega project, a strategic collaboration between JNPA and Welspun One, will have 3.95 million sq ft of warehousing space, 250,000 sq ft of Grade A office space and industrial space each.

JNPA handles around 35% of India’s maritime traffic and is the largest container port by throughput. This prime location, according to Singhal, presents an unprecedented opportunity for the SEZ/FTWZ segment to scale, particularly as the region has historically faced constraints in integrated facility solutions.
Welspun One’s facility, expected to be operational by the first quarter of 2026, is aiming to address this gap by offering businesses across sectors like chemicals, automotive, FMCG, pharmaceutical, and electronics with an integrated, cost-efficient logistics solution in a high potential area.

The facility is located within five km of the port terminals with direct vessel access, and also enjoys proximity to critical transport networks such as National Highways, the Dedicated Freight Corridor (West), the Mumbai Trans Harbour Link (MTHL), and the upcoming Navi Mumbai Airport.

The park will have ground plus two floors, 12-meter floor-to-floor height, and incorporate 30-feet-wide unidirectional ramps for seamless cargo flow between levels. It has a 6-ton floor load capacity, accommodates over 400,000 pallet positions, and has parking for over 600 trucks.
With an annual throughput capacity of 36,000 TEUs (Twenty-Foot Equivalent Unit), volume of a standard 20-foot shipping container, the facility is the largest single-location warehousing and industrial park in India.
The project is expected to generate direct and indirect employment for over 5,000 people, strengthening the local economy. As a part of a notified SEZ, it also provides occupiers additional benefits such as exemption of Goods and Services Tax (GST), customs duty deferment, faster customs clearance, and minimal detention or demurrage risks.

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Tags: JNPA SEZlogisticswarehouseWelspun One
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Kalpana Pandey

The Maritime Gateway Editorial Team delivers trusted news, analysis, and insights on shipping, ports, logistics, supply chains, and global trade, backed by industry expertise and editorial review.

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