Welspun One targets 10M sq ft warehousing leases in 3 years, doubling footprint
Warehousing developer plans to lease 10 million sq ft over three years, with 2.5 million sq ft already locked in for FY26 including a 5.9 lakh sq ft Amazon India facility. Pipeline spans Nhava Sheva FTWZ, in-city distribution, and retail infrastructure across eight cities.
What happened
Welspun One plans to lease 10 million sq ft of warehousing over three years, doubling its footprint. FY26 leases hit 2.5 million sq ft including a 5.9 lakh sq
Key facts
- 10 million sq ft
- 2.5 million sq ft FY26
- 5.9 lakh sq ft Amazon
- 4.5 million sq ft Nhava Sheva FTWZ
- 3.5 million sq ft delivery in 4 quarters
Why this matters
Nhava Sheva FTWZ and in-city distribution capacity coming online opens partnership and BTS deal windows for retailers seeking to lock multi-city logistics footprints ahead of competing tenants.