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Real Estate

Welspun One Leases 65,000 sq ft at JNPA SEZ to Balmer Lawrie

  • by- Zaid
  • May 12, 2026
Welspun One leases 65,000 sq ft grade A warehousing space to Balmer Lawrie at WTC Nhava Sheva within JNPA SEZ. Facility expected operational by early 2027.
Welspun One Leases 65,000 sq ft at JNPA SEZ to Balmer Lawrie

New Delhi, May 12: Welspun One has entered into a letter of intent with Balmer Lawrie & Co. for 65,000 sq ft of grade A warehousing space at WTC Nhava Sheva. The facility is expected to be operational by early 2027.

Strategic Significance

Balmer Lawrie already operates a container freight station at JNPA. Rajesh Raghavan, head-logistics infrastructure at Balmer Lawrie, said, "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."

Project Overview

Spread across 55 acres, the project has a development potential of 4.45 million sq ft and an investment outlay of ₹2,700 crore. The development will feature multi-level warehousing infrastructure with capacity for over 400,000 pallet positions and annual throughput capability of 50,000 TEUs.

Timeline

The overall development is expected to become operational by early 2027, enhancing Balmer Lawrie's existing logistics operations within the JNPA SEZ.