Logistics companies eyeing JVs to tap into warehousing demand

Bengaluru | Mumbai: Large institutional and logistics developers are betting big on the growing demand for warehousing in India either by forming joint ventures with local partners or by investing in the sector.

Some of the recent examples are GMR Infrastructure holding discussions with Warburg Pincus-backed logistics developer e-Shang Redwood to form a JV for logistics and warehouses in Hyderabad.