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Welspun One to invest Rs 2,700 crore in largest warehousing park at JNPA SEZ
Infrastructure - Nov 29,2024 -Welspun One Logistics Parks is set to invest over Rs 2,700 crore to develop India’s largest single-location Grade A warehousing and industrial park. Spanning 55 acres, the facility will be located at the JNPA Special Economic Zone in Navi Mumbai.
It offers strategic advantages, including proximity to JNPA terminals, major transport networks like 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-mtrs. floor-to-floor height, and incorporate 30-ft.-wide unidirectional ramps for seamless cargo flow between levels.
It has a six-tonne floor load capacity, accommodates over 4,00,000 pallet positions, and has parking for over 600 trucks. With an annual throughput capacity of 36,000 TEUs, volume of a standard 20-foot shipping container, the facility is the largest single-location warehousing and industrial park in India.
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, 2,50,000 sq. ft. of Grade-A office space and industrial space each. JNPA handles around 35 percent of India’s maritime traffic and is the largest container port by throughput.
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