The newly acquired land, located in one of Gurugram's prime areas, will be used to develop a high-quality industrial and logistics park. This move aligns with Welspun One's objective to enhance its presence in key markets and capitalise on the increasing demand for modern industrial spaces.

The acquisition is anticipated to attract major tenants due to Gurugram's strategic location and its status as a major business hub. The development will feature state-of-the-art facilities designed to meet the evolving needs of industrial and logistics operators, providing them with cutting-edge infrastructure and connectivity.

Welspun One's expansion into Gurugram reflects the company's commitment to strengthening its real estate portfolio and contributing to the region's economic growth. The development of this land will create new opportunities for businesses and support the burgeoning logistics and manufacturing sectors in the area.

This investment underscores Welspun One's strategic vision of leveraging prime real estate assets to drive growth and offer value-added services to its clients. The project is expected to be a key addition to the company's growing portfolio and a significant asset in the region's industrial landscape.