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Retail boost for logistics, warehousing: Investment rises by $7 bn in 2 yrs

The largest of these is the $3-billion corpus set aside by the National Investment Infrastructure Fund to buy or sponsor a port and logistics-related projects in India through DP World (DPW)

Concor, warehouse, logistics, distributor
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Dilip Kumar Jha Mumbai
The logistics and warehousing sector in the country has attracted $7.2-billion investment in the past two years, thanks to the emergence of global online retail giants and widespread expansion across value chains.

The largest of these is the $3-billion corpus set aside by the National Investment Infrastructure Fund to buy or sponsor a port and logistics-related projects in India through DP World (DPW). Allianz has also allocated $1 billion in e-Shang Redwood (ESR) to develop warehousing space in eight major cities across the country, according to data compiled by the CARE Ratings.

These investments are planned mainly to cater to

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First Published: Nov 27 2019 | 8:13 PM IST

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