Category Archives: Warehousing

Blackstone Group, a US-based firm has taken possession of close to 5 million square feet of warehousing area from LOGOS India. Reportedly, the deal has been finalised for a total amount of 1725 Crore. Following this acquisition, Blackstone is now the largest logistics asset-holder in India with a massive 55 million sq ft of warehousing assets. The deal involves acquisition of operational assets in Chennai and Haryana. Previously, Blackstone Group was emerging as the leading bidder in the race for the acquisition of the LOGOS India’s assets, facing tough competition from Singapore’s wealth fund GIC and Japanese conglomerate Mitsui OSK Lines.

dnata has broken ground on a new 57,000 sq. m warehousing facility in Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate. Strategically located near Dubai World Central – Al Maktoum International Airport (DWC), the expansion represents an investment of AED 100 million (US$ 27 million). The groundbreaking ceremony was attended by HE Khalifa Al Zaffin, Executive Chairman of Dubai Aviation City Corporation and Dubai South, and Steve Allen, CEO of dnata, in the presence of senior executives from both entities. Construction of the warehouse is underway, with completion scheduled for November 2025. Including its newest facility, dnata Logistics will offer world-class services from 11 locations in the UAE. “We are thrilled to break ground on this new, advanced facility, which represents a pivotal investment in our future growth. As we expand our product offerings and reach new markets, this warehouse will allow us to provide even better services to our customers, while staying at the forefront of operational innovation. Our commitment to sustainability is central to this project. From energy efficiency to waste reduction, every aspect of the warehouse has been designed with environmental efficiency in mind. The facility’s innovative features will help us grow responsibly, making a positive impact on the communities we serve,” Sean Bradley, Managing Director of dnata Logistics, said.          

Pristine Value Logistics has announced a signing of a long-term pact with Antariksh Group, for the possession of 165,000 sq ft area at Bhiwandi, Maharashtra. The Grade A warehousing facility is expected to commence operations in March 2025, confirmed an official statement from the company. The warehousing facility will play an instrumental role in strengthening the company’s delivery capabilities across various verticals of the industry. “We are growing our warehouse capacity to meet the rising demand and to ensure our customers get efficient, customised and scalable solutions. The expansion strategy is in sync with the overall outlook of the group to become an end-to-end logistics and supply chain service provider,” Sanjay Mawar, Director, Pristine Value Logistics and Pristine Logistics & Infraprojects said.    

Macrotech Developers (Lodha Group) has taken possession of 45-acre land parcel at Sohna, Gurugram for a massive amount of ₹110 Cr. The real estate developers are set to develop an industrial and logistics park at the acquired land, marking its strong presence in the Delhi-NCR region. Recently, the Lodha Group had also acquired 100 per cent stake in JLIPPL (Janus Logistics and Industrial Parks), costing around ₹48 Cr. “This is in pursuance of our planned strategy for calibrated growth in our annuity income through ‘Digital Infrastructure’, which is industrial and logistics under the LILP (Lodha Industrial and Logistics Park) brand,” Macrotech Developers said.

IndoSpace has sold its warehousing assets located in Pune, Maharashtra, Andhra Pradesh, spreading across an area of 2.5 million square feet, to Alta Capitals. The total cost of the acquired warehousing space reached a massive $100 million. The financial advisor of IndoSpace for this deal was Avendus Capital. In an official statement, Prateek Jhawar, Managing Director, Avendus Capital said – “Alta Capital’s acquisition reflects the sustained interest of global investors in India’s industrial warehousing and logistics sector, further underscoring Avendus’ market leadership in this space. We ran a tight process which attracted participation not only from a clutch of global strategic and financial investors but also from select family offices and wealth management firms.”

Welspun One has announced the launch of a ‘Grade A’ warehousing and industrial park at the Jawaharlal Nehru Port Authority (JNPA) Special Economic Zone (SEZ) in Navi Mumbai. Originally envisaged as a 1.2 million sq. ft. park which entailed an investment of ₹700 crores, the company has now upscaled the size of the project to ~4.45 million sq. ft. of BUA to cater to the growing export-import demand arising at the JNPA Port. It is India’s largest single-location warehouse till date. “India’s port ecosystem has long needed a logistics solution beyond storage. This facility is set to be a game-changer for logistics and supply-chain operations in India and elevate India’s position on global trade and ease of doing business. By identifying the strategic location and partnering with a global team of world-class designers and engineers from Japan, Singapore, and the Middle East, we are building an international facility that delivers on the dual imperatives of efficiency and cost-effectiveness”, Anshul Singhal, Managing Director, Welspun One, said.

To explore the latest innovations in warehousing, material handling, automation, storage solutions, refrigeration, and cold chain logistics, RX India has announced the commencement of the 11th edition of the India Warehousing & Logistics Show (IWLS) and the India Cold Chain Show (ICCS) from November 21-23, 2024, at the Bombay Exhibition Centre Mumbai. IWLS and ICCS will offer a unique combined value proposition, serving as an integrated platform for the entire supply chain and cold storage ecosystem. The exhibitors and visitors will have an opportunity to explore the latest innovations in warehousing, material handling, automation, storage solutions, refrigeration, and cold chain logistics. This year, the exhibitions are set to bring together 150+ exhibitors, from India and around the world, featuring the likes of Gandhi, Indian Enterprises, Daifuku, Armstrong, Avians Delmon, Metaflex, Craftsman, Godrej Koerber, and several others.  

Investment firm Alta Capital has taken possession of logistics built and fully leased assets from Indospace spreading around 2.5 million sq. ft. The deal is one of the biggest warehousing and logistics assets acquisition in 2024, which involves purchase of over $100 million or 840 crores, as per the reports. The Grade A warehousing assets are in Ranjanagaon, Pune and Sri City, Chennai spreading across 1.3 million sq. ft and 1.2 million sq. ft, respectively. Post acquisition, Alta Capital now possess warehousing assets across India reaching 11 million sq. ft.    

The global warehousing and distribution logistics market is projected to touch the $25.7 billion mark by the end of 2031, a report from Allied Market research said. The unprecedented growth in the rise of multimodal transport system and high demand of e-commerce across the globe will contribute to the growth of warehousing and logistics market in next 7 years. The market was valued at $12,019 billion in 2021 and is growing at a CAGR of 7.7 per cent from 2022 to 2031.  

  Chandranath Dey, India Head – Operations & Business Development, Logistics & Industrial, India, JLL says, “PM Gati Shakti Master Plan aims to break departmental silos and institutionalise holistic planning for stakeholders across major infrastructure projects. This integrated approach is likely to reduce implementation delays and cost overruns, further enhancing the efficiency of the logistics sector. Overall, these policies are expected to create a more efficient, standardised, and technologically advanced logistics ecosystem in India, which should significantly boost the country’s competitiveness in global trade and manufacturing.”