Welspun One Logistics Parks has achieved financial closure for its flagship logistics park at the Jawaharlal Nehru Port Authority (JNPA) SEZ in Navi Mumbai. The project has secured Rs 23 billion in construction financing underwritten by the National Bank for Financing Infrastructure and Development (NaBFID), a strong endorsement of both the project’s potential and Welspun One’s leadership in the sector.

Spread across 55 acres within the JNPA Special Economic Zone, this Grade A industrial and warehousing facility will cater to key sectors such as e-commerce, third-party logistics (3PL), FMCG, and manufacturing. With a planned built-up area of over 3.6 million square feet, the park represents Welspun One’s largest development to date, and is poised to play a critical role in strengthening India’s logistics backbone.

Commenting on the milestone, Anshul Singhal, Co-Founder and Managing Director of Welspun One, remarked: “The financial closure of our JNPA project marks a pivotal step in our journey to create world-class logistics and industrial infrastructure in India. This park will set new benchmarks in efficiency and scalability, supporting India’s growing demand for high-quality warehousing solutions. With NaBFID’s support, we are positioned to accelerate execution while continuing to drive long-term value for our stakeholders.”

The strategic location within the SEZ ensures multimodal connectivity, which, combined with its scale and design, is expected to significantly enhance supply chain performance for businesses operating in and around the Mumbai Metropolitan Region.