Welspun One Launches Rs 1,000 Crore Co-Investment Program to Boost Logistics Sector

Welspun One has launched a Rs 1,000 crore co-investment program to support its second Alternative Investment Fund (AIF) by enhancing its logistics portfolio to around 22 million sq ft. This move targets the Indian logistics sector's rapid growth, aiming to optimize high-demand, tech-enabled warehousing assets.

Integrated fund and management development platform Welspun One has unveiled a Rs 1,000 crore co-investment program designed to amplify its second Alternative Investment Fund (AIF), Fund 2.

This strategic initiative aims to harness 5 million sq ft of ready pipeline assets, expected to push the company's portfolio to approximately 22 million sq ft, with a projected net operating income of Rs 1,100 crore upon completion.

Since March 2023, Fund 2 has identified distinctive opportunities in new-age warehousing assets, capitalizing on growing supply chain needs and the demand for tech-enabled logistics solutions. With 100% of Fund 2's investment already committed to nine Grade A assets, the company anticipates expanding its portfolio to 14-15 investments, leveraging the burgeoning Indian logistics market projected to grow significantly by 2027.

(With inputs from agencies.)