Welspun group co to build 1 mn sq ft warehousing for Bengaluru City Region

Will invest Rs 300 crore in the project, which is coming up on 40 acres at Malur-Hosur road in Tamil Nadu

Welspun One Logistics Parks (WOLP), a pan-India asset management and development platform and part of Welspun Group, has acquired 40 acres of land to set up a large-scale warehousing facility at Malur-Hosur road in Tamil Nadu.

With a development potential of 1 million square feet and a total project cost of Rs 300 crore, the facility will service the Bengaluru Metropolitan region’s (BMR’s) industrial and warehousing demand for space, said Welspun in its release today.

While the warehouse will serve the Bengaluru Metropolitan Region, its location is in Tamil Nadu but closer to Bengaluru city in Karnataka.

Bengaluru has historically