Welspun One to invest Rs.700-Cr to develop 1.2 M sq-ft logistic hub in Navi Mumbai

Welspun One, an integrated fund and development management platform, has entered into a strategic tie-up with Jawaharlal Nehru Port Authority (JNPA) Special Economic Zone (SEZ) in Navi Mumbai to develop an industrial and logistics hub spread across 55 acres. Welspun One will invest over INR 700 crore in this project. The investment includes both land as well as construction cost.