Logistics services provider Delhivery has announced plans to expand its infrastructure in two key cities of Bhiwandi (Greater Mumbai) and Bangalore. Delhivery is collaborating with Welspun on a 7 Lakh sq ft mega-gateway in Greater Mumbai and with GMR for a 1 Million+ sq ft facility in Bangalore. The Bangalore facility also includes a warehouse…
The promoters of the US$ 2.7 billion Welspun Group announced that they have acquired a majority stake in One Industrial Spaces, an integrated fund, development and asset management organization focused on the warehousing sector in India. The investment was made by the promoters in their personal capacity through a closely held family office investment vehicle.…