Welspun One Logistics Parks has secured Rs 2,300 crore in construction financing from the National Bank for Financing Infrastructure and Development (NaBFID) for its flagship logistics park at Jawaharlal Nehru Port Authority (JNPA). This 22-year term loan marks a major milestone for Welspun One, and is the maiden warehousing-related financing made by NaBFID.

The logistics park, spread across 55 acres within the JNPA Special Economic Zone (SEZ) in Navi Mumbai, will span more than 3.6 million sq. ft. and is designed to serve the evolving needs of the e-commerce, third-party logistics (3PL), fast-moving consumer goods (FMCG), and manufacturing sectors.

“This park will set new benchmarks in efficiency and scalability, supporting India’s growing demand for high-quality warehousing solutions. With NaBFID’s support, we are positioned to accelerate execution, while continuing to drive long-term value for our stakeholders,” Co-Founder and Managing Director of Welspun One, Anshul Singhal said.

According to NaBFID's Deputy Managing Director Samuel Joseph, “While we have financed other warehousing projects, this project is unique as it comes up in a SEZ and is being built to international standards.” This underscores Welspun One’s commitment to large-scale infrastructure development, aligning with India’s ambition to expand its warehousing footprint and boost economic growth through modern, efficient logistics solutions.