Welspun One has acquired 22 acres of land along the Bilaspur-Tauru Road in the Gurugram-NH8 corridor to develop a logistics park. The project entails an investment of Rs 125 crore, and has the potential to generate employment for up to 1,500 people.
In alignment with the company's vision to create advanced logistics and warehousing facilities for businesses across various industries, it will leverage this prime location, aiming to create a cutting-edge logistics hub to support operational efficiencies of customers, while also contributing to India's economic growth, by expanding its footprint in one of India's vital logistics corridors. Property consultant JLL India facilitated this deal.
Welspun One is designed to deliver institutional Grade-A logistics and industrial parks across India. It is the warehousing platform of the USD five billion business conglomerate Welspun World, across pipes, home textiles, infrastructure, advanced textiles and flooring solutions.