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Welspun One & Balmer Lawrie Inks LoI For Warehousing Space at JNPA SEZ

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May 15, 2026 0 Comments
Welspun One & Balmer Lawrie Inks LoI For Warehousing Space at JNPA SEZ
Welspun One & Balmer Lawrie Inks LoI For Warehousing Space at JNPA SEZ
Welpsun One, a well-known warehousing real estate platform, announced that it signed a LoI with Balmer Lawrie and Co to sublease warehousing space in the financial capital of India, Mumbai. 
 
As per the Letter of Intent, Welpsun One will sublease around 65000 sq ft of Grade A+ warehousing space at WTC Nhava Sheva within the Jawaharlal Nehru Port Authority (JNPA) special economic zone to the company for a period of five years. With this move, Balmer Lawrie and Co became the first central public sector undertaking (PSU) to collaborate with Welspun One across its diversified portfolio.
 
The partnership will also strengthen the company's rapid expansion into special economic zone (SEZ) warehousing and port-linked logistics operations, riding on its operating strengths in CFS (container freight station) operations, freight forwarding, and international trade facilitation. 
 
It is learnt that the facility is likely to be operational by the start of 2027. Currently, Balmer Lawrie already operates a container freight station at Jawaharlal Nehru Port Authority (JNPA) located in Navi Mumbai. The WTC Nhava Sheva facility, widely known to provide customs duty deferment and a swift clearance, will widen that footprint further into SEZ warehousing and value-added logistics services.
 
Neeraj Balani, Chief Customer Officer, Welspun One, stated, “WTC Nhava Sheva has been designed for partners who require high-quality infrastructure, regulatory efficiency and direct proximity to India's most crucial port-led trade gateway, and we truly believe this will set the tone for many more institutional engagements.”
 
WTC Nhava Sheva is Welspun One’s main project inside the JNPA SEZ and spans an area of 55 acres and offers about 4.45 million square feet of development space, with an investment of Rs 2,700 crore. Welspun One believes that the project would bring together warehousing, industrial, and EXIM-linked operations all in one place, under one roof, creating an integrated hub for businesses.
 
For more such news and updates, visit CARGOCONNECT.

 

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