NaBFID's Investment Boosts NDR InvIT's Infrastructure Growth

NaBFID invested Rs 745 crore in long-term bonds of NDR InvIT, underscoring its role in the warehousing sector. This funding will drive strategic growth amid booming logistics due to manufacturing and e-commerce demand. With significant market growth anticipated, this investment enhances infrastructure development opportunities.

The National Bank for Financing Infrastructure and Development has invested Rs 745 crore in long-term bonds issued by NDR InvIT, as announced by the company on Tuesday. The bonds, rated AAA/Stable, emphasize NDR InvIT's significant role in enhancing India's warehousing and industrial parks sector.

Funds from this investment are set to accelerate NDR InvIT's strategic growth plans. As demand rises for logistics infrastructure due to the surge in manufacturing and e-commerce, this positions NDR InvIT as a crucial player in addressing infrastructure gaps.

The investment arrives as the logistics and warehousing sectors in India anticipate vast growth. Reports project the logistics market to expand to Rs 13.4 trillion by FY28, while the warehousing market is predicted to hit USD 34.99 billion by 2027. NDR InvIT aims to leverage these growth opportunities to deliver robust infrastructure solutions.

(With inputs from agencies.)