Welspun One achieves ₹2,300 crore financial closure for logistics park at JNPA SEZ

Welspun One Logistics Parks (Welspun One) has achieved financial closure for its flagship logistics park at the Jawaharlal Nehru Port Authority (JNPA) Special Economic Zone in Navi Mumbai. The National Bank for Financing Infrastructure and Development (NaBFID) has underwritten approximately ₹2,300 crore in construction finance, highlighting the project’s strong fundamentals and the developer’s growing prominence in India’s logistics real estate sector.

Spread across 55 acres, the upcoming Grade-A industrial and warehousing park will be Welspun One’s largest development in the country. Designed to serve e-commerce, 3PL, FMCG, and manufacturing clients, the facility will offer over 3.6 million sq. ft. of premium logistics space, strategically positioned to enhance supply chain efficiency and boost multimodal connectivity through India’s busiest port.

The closure was supported by a consortium of advisory partners — CBRE conducted detailed technical due diligence, Saraf & Partners provided legal counsel, and BDO oversaw verification and compliance.

The JNPA SEZ logistics park is expected to play a key role in advancing India’s modern warehousing ecosystem and strengthening the country’s position as a global logistics hub.