Welspun One Leases ~65,000 Sq. Ft. at JNPA SEZ to Balmer Lawrie in First PSU Partnership
The transaction marks another leasing announcement by Welspun One at WTC Nhava Sheva and its first partnership with a Government of India Central Public Sector Enterprise (PSE). Balmer Lawrie, a Miniratna-I PSE under the Ministry of Petroleum and Natural Gas, Government of India, will utilise the facility to strengthen its SEZ warehousing and port-linked logistics capabilities within the JNPA ecosystem. The overall development is expected to become operational by early 2027. Balmer Lawrie already operates a Container Freight Station at JNPA. The WTC Nhava Sheva facility extends that footprint into SEZ warehousing and value-added logistics services within a compliant, operator-neutral environment that offers occupiers GST exemption, customs duty deferment, and faster clearance.
Of particular significance is the fact that the sub-lease is for first-floor warehousing space, a first of its kind in India. WTC Nhava Sheva is designed as India’s first multi-level warehousing development, where every floor, from ground to second, is operationally equivalent for SEZ warehousing purposes, with wide unidirectional ramps allowing forty-foot container trailers to drive directly to upper-floor docking bays. A concept well established in Singapore, Japan, and China, this is its first application in India.
Commenting on the partnership, Neeraj Balani, Chief Customer Officer, Welspun One, said, “Welcoming a Miniratna-I Public Sector Enterprise as a client is a moment we are particularly proud of. It validates the infrastructure vision we are bringing to life at WTC Nhava Sheva. WTC Nhava Sheva has been designed for partners who require high-quality infrastructure, regulatory efficiency, and direct proximity to India’s most important port-led trade gateway, and we believe this will set the tone for many more institutional engagements.”
Rajesh Raghavan, Head, Logistics Infrastructure, Balmer Lawrie & Co. Ltd., said, “Balmer Lawrie has been steadily investing in its logistics infrastructure to meet the evolving needs of customers in international trade. Our proposed facility at WTC Nhava Sheva will allow us to build on our depth in CFS operations, freight forwarding, and trade facilitation, while offering customers a dedicated footprint for SEZ warehousing and value-added logistics services within the JNPA ecosystem. We see this as an important step in expanding our port-linked capabilities.”
WTC Nhava Sheva is Welspun One’s flagship port-led logistics and industrial development being developed within the JNPA SEZ. Spread across 55 acres, with a development potential of ~4.45 million sq. ft. and an investment outlay of ₹2,700 crore, the project is designed as an integrated ecosystem for warehousing, industrial, and EXIM-linked operations. Located within 5 km of JNPA port terminals, the development will feature multi-level warehousing infrastructure with capacity for over 400,000 pallet positions and an annual throughput capability of 50,000 TEUs.
Published on:
12 May 2026
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