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The space has been taken by Ecom Expres for nine years in both the parks, which are expected to be operational later this year
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Ecom Express, the logistics solutions provider has leased around 4 lakh sq ft of warehousing space in Bhiwandi and Farukhnagar in the Mumbai Metropolitan Region (MMR) and the National Capital Region (NCR) respectively, from Welspun One Logistics Parks (WOLP).
The space has been taken by Ecom Expres for nine years in both the parks, which are expected to be operational later this year.
T. A. Krishnan, CEO and co-founder, Ecom Express said, "The current situation has brought a dramatic and lasting change in consumer behaviour, with purchasing preference shifting towards online retail and further accelerating the demand for logistics infrastructure. Our association with Welspun One Logistics Parks in both Bhiwandi and Farukhnagar will see us bolster our logistics services across the country."
The extension of the e-commerce area has been a key development driver for the ascent sought after for warehousing space the nation over. WOLP said it looks to use this interest and give manageable and mechanically progressed answers for organisations to consistently lead their warehousing tasks.
Anshul Singhal, MD, Welspun One Logistics Parks said, "We construct the highest quality of Grade A assets that not only meet 100 per cent compliance norms and safety standards but also enable them to efficiently run their operations."