NDR Warehousing is planning to make an investment of over Rs 2,000 crore. The investment will be made to develop its portfolio of warehousing and industrial parks over 20 million sq ft in the next 24 months.

The investment will help the company to expand presence in Pune and NCR markets. It will be leveraging the funds to grow inorganically by acquiring land as well as warehouses.

The company is already in discussions with parties to acquire both land for greenfield development and operational warehouses.

The company planning to raise USD 200 million or around Rs 1,580 crore, through private or public markets to support its proposed growth plans.

NDR Warehousing holds 150 acre of land in Mumbai, Chennai, NCR and Bengaluru. The company has 12 million sq ft operational assets comprising 18 logistics parks spread across over eight cities including Chennai, Mumbai, NCR, Bengaluru, Coimbatore, and Kolkata.

It is also considering Tier-II cities following the response to its largest warehousing facility at Coimbatore. In the immediate future, the company has Guwahati and Lucknow on its radar.

Moreover, construction of additional warehousing space spread over three million sq ft is underway, where some of its key clients have already signed up.

here is company details.

 

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