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Welspun One commits Rhenus opens customer distribution

all R2000 crore of Fund centre for IKEA in north India

he German logistics service provider,
2 in 8 months TRhenus Group, has inaugurated a new
Customer Distribution Centre (CDC) for IKEA SEPTEMBER
in Farukhnagar, near Gurugram, India. Unlike
other IKEA warehouses, this 180,000 square feet 11 2025
CDC is the first fully outsourced CDC for IKEA in
the country. IKEA’s Gurugram facility is expected
to enhance storage and fulfilment capabilities Mumbai
for over 7,000 IKEA products, with a focus on
seamless last-mile delivery to the Delhi National
Capital Region (NCR) and, in the future, other
northern markets.
With a storage capacity of 129,166 square feet,
the facility integrates with the Rhenus Warehouse
Management System (WMS), a logistics solution
he logistics and industrial The release reads, “Fund designed to streamline operations through
T(L&I) real estate manager 2 has secured a portfolio Electronic Data Interchange (EDI) and address the
Welspun One has committed of highly differentiated, complexities of last-mile logistics.
100% of its ₹ 2000 crore Fund off-market opportunities in
2, across nine Grade A assets new-age warehousing assets
within eight months of its - segments that are seeing
final close. increasing demand from
Welspun One is also occupiers and investors alike.
launching a ₹1,000 crore These assets offer superior
co-investment program, with long-term returns compared
₹600 crore already secured, to traditional warehousing,
to expand its logistics driven by evolving supply
portfolio. The additional chain needs, rising
capital will fund 5 million e-commerce penetration,
sq. ft. of warehousing space, and a growing preference
increasing its investments for tech-enabled, efficient
from nine to 14-15 properties. logistics spaces.”

TCI-Zepto expands in south India with TVS ILP Coimbatore deal

ransport Corporation of ft. lease for Volvo Eicher at the
TIndia (TCI) has expanded same facility.
its operations in southern Aditi Kumar, Executive Global Pharma Logistics Summit (GPLS) is back with
India by leasing 1 lakh sq. ft. Director, TVS ILP, stated, We
of logistics space from TVS are committed to delivering its eighth edition here in Mumbai again.
Industrial & Logistics Parks customised solutions that We bring together the pharmaceutical companies and their logistics
(TVS ILP) in Coimbatore, meet the evolving needs of our service providers under one single umbrella for the one-day conference.
Tamil Nadu. This expansion clients and industry demands,
strengthens Zepto’s quick even beyond metros. Our RIGHT CONTENT RIGHT PEOPLE RIGHT PLACE RIGHT TIME
commerce supply chain and partnership with TCI and
enhances its reach in Tier Zepto reinforces our aspiration
2 and 3 cities.This marks to support fast-growing
a continued partnership businesses with sustainable,
between TCI and TVS ILP, efficient, and future-ready
following an earlier 75,000 sq. warehousing solutions.”
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