Welspun One's ₹2,150 crore warehousing push in Karnataka and Tamil Nadu resurfaces
Resurfacing an August 2025 move, Welspun One Logistics Parks will invest ₹2,150 crore to build grade-A warehouses across Karnataka and Tamil Nadu, backed by a 260-acre land bank. Its 107 acres in Hoskote and Devanahalli alone offer 2.25 million sq ft of development potential for 3PL, FMCG and retail occupiers.
What happened
Welspun One Logistics Parks · Welspun One will invest ₹2,150 crore in Karnataka and Tamil Nadu warehousing, adding 107 acres in Hoskote and Devanahalli. The
Key facts
- ₹2,150 crore investment
- 260 acres land bank across Karnataka and Tamil Nadu
- 107 acres acquired in Karnataka
- 51 acres in Hoskote
- 56 acres in Devanahalli
What changed
Welspun One will invest ₹2,150 crore in Karnataka and Tamil Nadu warehousing, adding 107 acres in Hoskote and Devanahalli. The grade-A facilities will target 3PL, FMCG and retail occupiers as the company pursues a 20-25 million sq ft portfolio by 2028.
Why this matters
Welspun One’s ₹2,150 crore Karnataka and Tamil Nadu build-out should add premium fulfilment capacity near Bengaluru, giving retail, FMCG and 3PL operators more grade-A warehouse options.
What to watch
- Pre-lease announcements, especially from 3PLs, ecommerce marketplaces, grocery, fashion and electronics retailers.
- Construction start dates, phased commissioning schedules and actual leasable area delivered.
- Grade-A warehouse rental trends and vacancy rates in Hoskote, Devanahalli and adjacent Bengaluru corridors.
- Tamil Nadu site acquisitions and proximity to Chennai, Hosur or major highway corridors.
- Changes in Bengaluru trucking restrictions, road infrastructure, airport-corridor connectivity and state logistics incentives.