Greenbase Plans Rs.4,500 Crore Investment in Logistics Parks Expansion
ECONOMY & POLICY

Greenbase Plans Rs.4,500 Crore Investment in Logistics Parks Expansion

Greenbase has announced an ambitious investment plan of ?4,500 crore to expand its logistics park portfolio. This strategic move is set to significantly enhance the company's presence in the logistics and industrial real estate sector, reflecting a robust commitment to infrastructure development and economic growth.

The investment will be directed towards the development and expansion of several logistics parks across key locations. These parks are designed to cater to the growing demand for efficient logistics and supply chain solutions, which are crucial for supporting various industries and enhancing operational efficiencies.

Greenbase's expansion plan involves the creation of state-of-the-art facilities that will offer advanced infrastructure and amenities tailored to the needs of logistics and distribution companies. This includes modern warehouses, distribution centers, and other essential facilities that are vital for streamlining supply chain operations.

The investment is expected to have a substantial impact on the logistics sector by improving the quality and capacity of logistics infrastructure in the region. It will also contribute to job creation and stimulate economic activity, aligning with broader goals of industrial and economic development.

By investing in logistics parks, Greenbase aims to address the growing demand for efficient logistics solutions driven by the expanding e-commerce and retail sectors. The expansion will provide businesses with enhanced facilities that support their logistical needs, ultimately contributing to a more effective and responsive supply chain.

Overall, Greenbase's ?4,500 crore investment plan signifies a strategic effort to bolster logistics infrastructure and support economic growth. This expansion is poised to enhance the company's competitive edge in the logistics sector and drive forward industrial development in the region.

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

Greenbase has announced an ambitious investment plan of ?4,500 crore to expand its logistics park portfolio. This strategic move is set to significantly enhance the company's presence in the logistics and industrial real estate sector, reflecting a robust commitment to infrastructure development and economic growth. The investment will be directed towards the development and expansion of several logistics parks across key locations. These parks are designed to cater to the growing demand for efficient logistics and supply chain solutions, which are crucial for supporting various industries and enhancing operational efficiencies. Greenbase's expansion plan involves the creation of state-of-the-art facilities that will offer advanced infrastructure and amenities tailored to the needs of logistics and distribution companies. This includes modern warehouses, distribution centers, and other essential facilities that are vital for streamlining supply chain operations. The investment is expected to have a substantial impact on the logistics sector by improving the quality and capacity of logistics infrastructure in the region. It will also contribute to job creation and stimulate economic activity, aligning with broader goals of industrial and economic development. By investing in logistics parks, Greenbase aims to address the growing demand for efficient logistics solutions driven by the expanding e-commerce and retail sectors. The expansion will provide businesses with enhanced facilities that support their logistical needs, ultimately contributing to a more effective and responsive supply chain. Overall, Greenbase's ?4,500 crore investment plan signifies a strategic effort to bolster logistics infrastructure and support economic growth. This expansion is poised to enhance the company's competitive edge in the logistics sector and drive forward industrial development in the region.

Next Story
Infrastructure Transport

Shipping Minister Sonowal launches ‘Cruise Bharat Mission’ to boost tourism

The Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal, has unveiled the ‘Cruise Bharat Mission’ to significantly enhance India’s cruise tourism industry. The initiative aims to double the cruise passenger traffic from Mumbai Port by 2029. According to an official statement, the mission is expected to attract over 1.5 million river cruise passengers, leveraging India’s more than 5,000 kilometers of operational waterways. Speaking at the launch, Sonowal emphasised that the ‘Cruise Bharat Mission’ marks a pivotal step in revitalising India’s cruise sector. “Under..

Next Story
Infrastructure Transport

Centre sanctions Rs 110 billion for road development in Chhattisgarh

The Union government has approved Rs 110 billion to enhance road connectivity in Chhattisgarh, according to a statement from the state government. The approval came from Union Minister for Road Transport and Highways, Nitin Gadkari, during a review meeting with Chhattisgarh Chief Minister Vishnu Deo Sai in New Delhi. The funding will be used to develop four major national highways, which are expected to transform the state’s transport infrastructure and boost industrial growth. In addition, Gadkari has greenlit the preparation of Detailed Project Reports (DPRs) for other potential projects ..

Next Story
Infrastructure Transport

Alphard Maritime to establish $500 million shipping fund in GIFT City

Alphard Maritime Group has announced plans to set up a $500 million shipping fund in Gujarat’s International Finance Tec-City (GIFT City) to bolster India’s shipping tonnage. Speaking at the ‘Global Ports and Shipping Summit’ in Mumbai, Captain Alok Kumar, Chairman and Promoter of Alphard Maritime, emphasised the fund’s role in supporting Indian fleet owners. The initiative will see Alphard contribute Rs 5 billion, while associates will provide an additional Rs 45 billion, aiming to help Indian fleet owners acquire assets valued between $10-20 million. “Once operational, the fund w..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000