IndoSpace to invest ₹1,000-cr in warehousing space
IndoSpace has committed ₹1,000 crore investments in a joint venture with KSH Infra in which it will develop a 10 million square feet portfolio of warehousing and logistics parks across India. The JV, over five years, will focus on smaller markets such as Pune, Mumbai, Delhi-NCR, and Bengaluru. IndoSpace has the largest network of 42 logistics parks with 48 million square feet delivered/under development across ten cities. The JV will develop sustainable, resource-efficient, zero-carbon buildings to help customers save energy and water. Its projects will use environment friendly, energy-efficient building materials. Due to pent-up demand, the opportunity is enormous and the company is always on the lookout to deliver on promise of a world-class warehousing backbone to India‘s growth.
📅Published on:
30 November 2021
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