Prologis, the global leader in logistics real estate with USD 207 billion in assets under management and a Rs 1.3 billion sq. ft. portfolio across 20 countries, has entered into a partnership with Vedant Jhaver, Executive of the Jhaver Group, to expand India’s industrial and logistics infrastructure.

The new entity, Prologis India, will focus on developing modern, scalable logistics facilities to meet the country’s growing demand and enhance its supply chain connectivity to the global economy. The partnership leverages Prologis’ international expertise in logistics real estate and Vedant Jhaver’s strong local business leadership and market knowledge.

Prologis India has already acquired over 300 acres of land for developing 6.5 million sq. ft. of logistics space across Chennai, Bangalore, Hosur, and Pune. Vedant Jhaver, who also chairs Prodapt Solutions and leads the 130-year-old Jhaver Group, will serve as Chairman of Prologis India, while Vineet Sekhsaria will serve as Head of India for Prologis.