NDR Group commits ₹2,000 cr to warehousing and industrial parks across 17 cities
NDR Group is deploying over ₹2,000 crore over two years to expand warehousing and industrial parks, with 7 msf under construction and 13 msf in pipeline on a 22.17 msf AUM base. Tenants include Amazon, DHL and FedEx; IFC backs the build-out with $50 million as NDR enters Varanasi.
NDR Group plans ₹2,000+ crore investment in warehousing and industrial parks expansion, with 7 msf under construction across 17 cities. Tenants include Amazon, DHL, FedEx. IFC to invest $50 million; entering Varanasi to tap e-commerce demand.
Why this matters
Marks a major scale-up for NDR Group beyond its 22.17 msf base, with IFC's $50M backing signaling institutional confidence as it enters new markets like Varanasi to serve Amazon, DHL and FedEx.
Retail-company signals steady at 2,575 over the last 90 days.