The acquisition required a substantial investment of INR 42 crore.
warehousing
Posted inSectors
GMR Group divests warehouse facility in a major deal
The definitive agreements for the transaction were signed and closed, valuing the enterprise at INR 188.1 crore.
Posted inSectors
Decoding Grade A warehousing and its rising demandÂ
Grade A warehouses can cater to specific needs with material synchronisation and specialised equipment for material handling for efficient production processes.
Posted inSectors
Welspun One takes steps to strengthen its corporate governance framework
WOLP has inducted three independent members to its board of directors and investment committee in order to augment its corporate governance framework.
Posted inSectors
Balmer Lawrie signs MoU with Central Warehousing Corporation
The association will help them to expand their foothold in cold chain logistics and general warehousing.
Posted inSectors
Indospace launches logistics park near Palwal, Haryana
With a development potential of more than 3.4 million square feet and an investment of approximately 1000 crores, the new parks will accommodate the rising demand for warehouses
in the northern region.
Posted inSectors
Fuji Electric India ropes in LP Logiscience as warehousing partnerÂ
LP Logiscience will set up a logistic centre in Maharashtra.
Posted inSectors
DP World establishes its first ‘Rail Linked Container Freight Station’ at Hazira
It will serve as a hub for consolidating and consolidated cargo and also facilitate customs clearance, and provide warehousing and distribution services to customers.
Posted inSectors
Welspun One launches the largest Alternative Investment Fund in warehousing
The company has announced the launch of its second fund of Rs 2,000 crores, including a green shoe option of Rs 1,000 crores.
Posted inSectors
Mirae Asset obtains grade-A warehousing space in India
Mirae Asset Credit Opportunities Fund, a category II AIF has made its maiden acquisition of a logistics facility spread over a 10-acre land in Bhiwandi near Mumbai