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Industrial and warehousing demand in Mumbai and Pune declined sharply by 47% in Q1 2025, totaling 17 lakh square feet, according to Colliers India. Mumbai recorded 10 lakh square feet and Pune 7 lakh square feet, both significantly down from the previous year. Despite regional dips, overall demand across India's top eight cities grew by 15%, reaching 90 lakh square feet. Key drivers included engineering, e-commerce, 3PL, and automobile sectors. New supply rose to 94 lakh square feet, supported by institutional capital and robust infrastructure growth. The sector maintains its growth, fueled by favorable macroeconomic indicators and growing occupier confidence.Read more
Air India SATS Airport Services Private Limited (AISATS) inaugurated its AISATS BLR Logistics Park at Kempegowda International Airport Bengaluru (BLR Airport), investing INR 200 crore in the one of South India's largest on-airport logistics facilities. Spread across eight acres, the park comprises a two-level Grade A warehouse of over 240,000 sq ft, an 11,000 sq ft public bonded warehouse, and a 24,000 sq ft office block for Customs House Agents and logistics firms. Strategic trucking services will link the park with airport cargo terminals, while eco-friendly features such as rainwater harvesting, natural light optimisation, and LED lighting supports its sustainable design.Read more
NX India, a subsidiary of Nippon Express Holdings, has expanded its warehousing infrastructure in Haryana's Pataudi region and at Delhi's Indira Gandhi International Airport. These expansions align with the company's medium-term NX Group Business Plan 2028, which prioritises a stronger presence in the Indian market. The Pataudi facility has been extended to approximately 9,200 sq. m to cater to rising customer demand, while the Delhi airport warehouse and office space have been enlarged by 1.5 times to manage increased cargo volume. These upgraded facilities are expected to significantly improve logistics efficiency and customer responsiveness.Read more
Delhivery Ltd has filed for Competition Commission of India (CCI) approval to acquire a controlling INR 1,400 crore stake in Ecom Express, marking a major consolidation in India's logistics sector. The deal aims to integrate Ecom's strong last-mile and rural delivery network with Delhivery's full-stack logistics capabilities. Both firms claim the acquisition will enhance service efficiency without hurting competition. The move aligns with India's digital logistics push, supported by ULIP and Gati Shakti initiatives. If cleared, the deal will deepen Delhivery's e-commerce logistics presence and may trigger further consolidation in a sector vital to India's growing consumer and retail economy.Read more
RenewSys India Pvt Ltd, a solar photovoltaic module manufacturer, has entered into a significant lease agreement, securing over 700,000 sq ft of industrial space in Khalapur, near Mumbai. This 10-year lease, involving three units from IndoSpace-sponsored SPVs Indran Logistics Park Pvt Ltd and Ikshita Logistics Park Pvt Ltd commences with a monthly rent of INR 1.43 crore. The agreement includes a five-year lock-in period, a 15% rent escalation after 36 months, and subsequent increases every five years. This transaction, registered in the past week, underscores the growing demand for industrial spaces in the Mumbai Metropolitan Region.Read more
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Welspun One Logistics Parks has secured financial closure for its INR 2,300 crore mega logistics park at Jawaharlal Nehru Port Authority's Special Economic Zone (JNPA SEZ) in Navi Mumbai. The project, spanning 110 acres, aims to develop 3.2 million square feet of Grade-A warehousing space. This initiative is set to enhance India's infrastructure landscape, leveraging JNPA's strategic location to facilitate efficient logistics and bolster economic growth.
Horizon Industrial Parks, backed by Blackstone, started construction of a 3.16 lakh sq. ft. built-to-suit manufacturing facility in Chengalpattu, Chennai, for Yazaki India. The Japanese auto parts giant has now expanded its India presence to nearly 1 million sq. ft. across key industrial hubs including NCR, Hosur, and Chennai. This new facility is Yazaki's third collaboration with Horizon and reflects its commitment to sustainable and modern industrial infrastructure. The plant is designed for rooftop solar installations and will employ over 2,000 individuals, reinforcing Yazaki's focus on quality, safety, and timely execution.Read more
Delhivery has announced plans to acquire its competitor, Ecom Express Limited, for a sum not exceeding INR 1,407 crore, subject to regulatory approvals. The acquisition, expected to conclude within six months of the share purchase agreement's execution, will make Ecom Express a subsidiary of Delhivery. Ecom Express was incorporated in August 2012 and is a technology-enabled end-to-end logistics solutions provider headquartered in Gurugram, Haryana.
Tata Advanced Systems, a subsidiary of Tata Sons, has acquired a 7.4 lakh sq ft land parcel in Karnataka's Vemgal Industrial Area for INR 29.34 crore. The site will be used for aircraft manufacturing, including final assembly and MRO operations. The land was purchased from the Karnataka Industrial Areas Development Board (KIADB) at INR 1.7 crore per acre under a 10-year lease agreement, with an annual rent of INR 17,011 and maintenance charges of INR 2.55 lakh per year. Located near Bengaluru, Vemgal is a key manufacturing hub.
Mother Dairy plans to invest approximately INR 600 crore to establish two new fruit and vegetable processing plants in Gujarat and Andhra Pradesh. The Gujarat facility, located at Itola near Baroda, will receive an investment exceeding INR 400 crore, with construction expected to conclude within two years. The Andhra Pradesh plant in Kuppam will require an investment between INR 150 crore and INR 200 crore; land acquisition is currently underway. These initiatives aim to enhance Mother Dairy's agricultural processing capabilities and strengthen its market presence.
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