Blue Dart Express Limited has leased a 600,000 sq ft warehouse in Gurugram for nine years, starting mid-June 2025. The lease, with ASD Hotels & Resorts LLP, carries a monthly rent of INR 1.02 crore (USD 122,000) and a security deposit of INR 6.12 crore (USD 738,000), with an annual escalation of 5%. Gurugram dominates warehouse leasing in Delhi-NCR, driven by e-commerce, 3PL, and automobile sectors. The move aligns with a broader trend of rising warehousing demand, increased rents, and appreciating land prices in the region.Read more

DHL Logistics Private Limited has extended its lease for 317,000 sq ft of warehousing space in Panvel near Mumbai for five years, at a monthly rent of INR 1.80 crore (approx. USD 215,000). The lease, effective from August 1, 2024, includes a 5% rent escalation starting June 2025 and a security deposit of INR 14.11 crore (approx. USD 1.7 million). The warehouse is located in the Ascent Free Trade and Warehousing Zone, developed by Ascendas Panvel FTWZ of CapitaLand Group, near the upcoming Navi Mumbai airport. The move highlights Panvel's growing importance as a logistics hub.Read more

Mahindra Logistics has expanded its warehousing operations in Northeast India by adding over 4 lakh sq ft of space across Guwahati and Agartala. The Guwahati facility, spanning 3 lakh sq ft, is the region's largest Grade-A multi-client warehouse and hosts the first Community Centre of Excellence in partnership with the Logistics Skill Council. The 1.3-lakh sq ft Agartala facility strengthens connectivity across northeastern states and enables cross-border trade with Bangladesh. The expansion forms part of the company's 'Go-East' strategy, supporting economic growth, creating jobs, and enhancing logistics infrastructure in tier-II and tier-III cities.Read more

China's top state banks are playing a crucial role in financing Aramco's Jafurah shale gas project, lending over a third of the total funds, while Chinese sovereign and private funds opted out due to U.S.-China trade tensions, Reuters reported. Bank of China, ICBC, and China Construction Bank each lent about USD 1 billion, with Agricultural Bank of China adding roughly USD 750 million. In August, Aramco signed an USD 11 billion lease-and-leaseback deal for processing assets with a consortium led by BlackRock's Global Infrastructure Partners, joined by Mubadala and Lunate. Jafurah is vital to Saudi Arabia's plan to increase gas output by 60% by 2030, reinforcing its global energy ambitions.Read more

The Haryana government has announced plans to establish advanced warehousing infrastructure at Maharaja Agrasen Airport in Hisar to facilitate the storage and export of horticultural produce. The initiative aims to preserve the quality and freshness of crops through controlled temperature storage, thereby boosting agricultural exports and enhancing farmers' income. The Haryana State Warehousing Corporation will oversee the development of modern cold storage and air cargo facilities at the airport, aligning with international standards to support the export of perishable items like fruits and flowers.Read more

KSH Infra has secured more than INR 450 crore to develop a 50-acre industrial and logistics park in Bengaluru. The funding package includes equity from WSB Real Estate Partners and KSH Infra along with debt financing. Planned to deliver 1.25 million sq ft under a joint-venture structure, the project reflects both firms' commitment to expanding their industrial real estate presence across major Indian metros.Read more

India's logistics costs have been officially pegged at 7.97% of GDP for 2023-24, marking the first structured estimate under a national framework developed by NCAER. The figure shows steady improvement from 8.84% in 2022-23 and 8.79% in 2021-22, countering earlier inconsistent estimates of 13-14% cited from external sources. The study, guided by the Asian Development Bank, will now be repeated biennially and shared with other nations as a model. Sector-wise, agriculture, mining, and manufacturing costs fell to 9.09%, while mode-wise coastal shipping remained cheapest at INR 1.80 per tonne-km. India has now narrowed its gap with developed economies, moving closer to the government's 6% target.Read more

Crown Worldwide Group has launched its fourth owned facility in India at Ramasandra, Bengaluru, marking a key step in strengthening its presence in one of its top five markets. The 76,000 sq. ft. EDGE-certified green building is designed for advanced logistics operations, with over 57,000 sq. ft. dedicated to information management, storage for 900,000 cartons, and secure destruction zones. The facility also features dedicated areas for Crown Workspace and Crown Relocations, smart energy systems, and greenery covering 43 per cent of the site, highlighting the company's commitment to sustainable infrastructure and future-ready services.Read more

The government has rolled out an upgraded version of its logistics data bank, allowing real-time tracking of export containers at sea and domestic trucks on road and rail networks. Developed by NICDC Logistics Data Services (NLDSL), the system integrates multiple transport modes, providing a live container heatmap and multi-modal visibility. Officials say this will improve supply chain efficiency, reduce logistics costs, and enhance India's competitiveness in global trade. The upgrade complements ongoing initiatives, including the development of 12 industrial cities across ten states with planned investments of INR 28,602 crore.Read more

IndoSpace has inaugurated a 66-acre logistics park in Bhiwandi near Mumbai, investing USD 57 million to provide both ready-to-use and build-to-suit facilities. The park is designed for sectors such as e-commerce, 3PL, FMCG, automotive, and electronics and incorporates green infrastructure aligned with ESG standards. Maharashtra, where IndoSpace has already invested USD 330 million, continues to grow as a key industrial and warehousing hub. The park's strategic location, including connectivity to the Mumbai-Nagpur Samruddhi Expressway, strengthens the regional supply chain network and is expected to create employment opportunities while supporting operational efficiency.Read more