Samsung is set to invest INR 1,000 crore to expand its Sriperumbudur facility near Chennai, reinforcing its commitment to India's manufacturing sector. The plant, which already contributes nearly 20% of Samsung's USD 12 billion India sales, will see modernization of production lines and increased job creation. This move follows a previous INR 1,600 crore investment in the state, as Samsung scales up mobile and consumer electronics output. The Sriperumbudur unit benefits from strong logistics and proximity to ports, aligning with Tamil Nadu's push to become an electronics manufacturing hub, alongside investments from global giants like Foxconn, Pegatron, and Tata Electronics.Read more
The Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) has requested INR 486 crore from the state industries department to develop integrated logistics clusters across Unnao, Agra and Aligarh districts. The funds will support basic infrastructure like roads, power, water, sewerage and security walls, across 344 hectares of land earmarked for manufacturing and defence-related companies. With 33 Integrated Manufacturing and Logistics Clusters planned statewide, this targeted investment aims at attracting global defence manufacturers to Uttar Pradesh's industrial corridors and fast-tracking land allotments to investors. Development is expected to bolster regional economic growth and meet rising demand for secure logistics hubs.Read more
Crown Worldwide Group has launched a Custom Bonded Warehousing service in India through its Crown Workspace & Warehousing division. Located in Mumbai, the facility offers secure, duty-free storage for high-value imported goods, including luxury items, electronics, and industrial cargo. The ISO-certified warehouse features digital management, ESD-safe handling, and 24/7 surveillance. Clients benefit from deferred customs duties, flexible storage, and faster market access. Crown's new service aims to streamline import-export operations while bridging global logistics standards with local needs. With expertise in inventory tracking and customs management across 60 countries, Crown continues to enhance logistics support for modern businesses in India.Read more
Indospace has leased 1.27 lakh square-feet of warehousing space to Steelcase Asia Pacific Holdings at its industrial park in Pune. The lease, which began on January 29, is for a five-year term at a monthly-rent of INR 46.42 lakh, calculated at INR 36.37 per square-foot. The agreement includes two units, with Steelcase providing a six-month security deposit of INR 2.78 crore. According to the lease terms, the rent will increase by 5% annually. This transaction highlights continued demand for premium warehousing in key industrial hubs like Pune, reinforcing Indospace's position in India's logistics real estate sector.Read more
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
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.