Sumadhura Group Leases 1.8 Lakh Sq. Ft. to NX Logistics at Bengaluru Park
Sumadhura Group has leased 1.8 lakh sq. ft. of warehousing space to NX Logistics India (Nippon Express) at Sumadhura Logistics Park in Bengaluru, marking one of NX Logistics' largest warehousing transactions in India. The deal is part of the 2.5 million sq. ft. first phase of Sumadhura’s Grade A logistics park development, with the group investing ₹600 crore.
The park spans 100 acres and is set to expand to 6 million sq. ft. in the next phase. The facility offers advanced infrastructure and storage solutions, catering to NX Logistics' FMCG clientele. Sumadhura's Chairman, Madhusudhan G, emphasized the collaboration's role in enhancing India’s logistics sector.