Welspun One Commits ₹2,150 Crore Investment for 6 Million Sq Ft Logistics Expansion Across South India

Welspun One Logistics Parks (WOLP) has announced its commitment to invest ₹2,150 crore for expanding warehousing infrastructure across South India, with significant developments planned in Karnataka and Tamil Nadu. The company revealed its strategy to construct over 6 million square feet of Grade-A logistics facilities, aimed at strengthening its foothold in high-demand industrial and distribution corridors.

Strategic Land Acquisitions Drive Bengaluru Expansion

The logistics major has secured 107 acres of prime land in Bengaluru as part of its ambitious expansion plan, including 51 acres in Hoskote and 56 acres in Devanahalli. Company officials indicated that these locations were strategically chosen for their proximity to critical infrastructure including upcoming expressways, industrial clusters, and multi-modal logistics hubs. The expansion aligns with the broader warehousing and logistics growth witnessed across India in 2024.

Two Major Warehousing Parks to Address Sector-Specific Demands

WOLP management announced the development of two distinct warehousing parks designed to cater to specific industry requirements. The company stated that Proxima at Hoskote would focus primarily on retail, FMCG, and 3PL sectors, while Proxima Plus at Devanahalli would serve high-value industries including aerospace, electronics, pharmaceuticals, and electric vehicles. Both facilities are being designed to address anticipated demand-supply gaps in the region's logistics infrastructure while offering scalable, premium-grade warehouse facilities.

Regional Footprint Expansion Reflects Multi-Node Strategy

With this substantial investment, WOLP's land bank in South India now surpasses 260 acres, marking a significant milestone in the company's regional expansion. Management emphasized that the company is actively pursuing a multi-node strategy that anticipates market needs, positioning itself ahead of demand curves across key locations. The organization has set ambitious long-term targets to develop 20 to 25 million sq ft of warehousing assets and manage a portfolio valued at $2.5 billion by 2028. This expansion strategy resonates with similar initiatives undertaken by other logistics players, as seen in Yusen Logistics expansion in Mumbai.

Growing Logistics Demand Fuels Infrastructure Investment

Industry analysts noted that South India's rapid urbanization, robust consumption patterns, and expanding e-commerce sector are driving unprecedented demand for modern, efficient logistics infrastructure. WOLP's strategic move aims to bridge the existing warehousing gap in these evolving industrial hubs while establishing future-ready supply chain ecosystems. The investment reflects broader trends in the sector, with companies like HUL securing massive warehousing facilities to meet growing demand.

Recent market reports indicate that the logistics and warehousing sector continues to attract significant investment, with companies recognizing the critical role of efficient distribution networks in supporting India's economic growth. The development is expected to enhance regional distribution capabilities and support the next phase of industrial expansion across South India.

With its bold ₹2,150 crore investment commitment and strategic land acquisitions, Welspun One positions itself as a leading force in South India's warehousing sector. The new developments are anticipated to meet rising demand, empower regional distribution networks, and support India's continued industrial growth trajectory. For investors looking to understand broader market trends, exploring smart real estate investment strategies could provide valuable insights into the logistics and commercial real estate sectors.