Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.
Adani Ports to buy 10 mn sq ft of warehousing assets every year till 2026
Adani Ports and Special Economic Zone Ltd (APSEZ) is looking to buy as much as 10 million sq ft of warehousing assets every year as it bets on the e-commerce boom to raise capacity 150 times to 60 million sq ft by 2026 from the current 8 lakh sq ft. Adani Logistics Ltd, a unit of APSEZ, will use a mix of organic and inorganic opportunities to obtain a dominant position in the segment.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.