Welspun One gets loan worth Rs 2,300 crore for its warehousing project
Welspun One has secured a loan of Rs 2,300 crore from National Bank for Financing Infrastructure and Development (NaBFID). The loan is for Welspun's project, the 55-acre logistics and warehousing project at the Jawaharlal Nehru Port Authority (JNPA) in Navi Mumbai.
With this, the firm has now achieved financial closure for the Rs 2,700-crore project, which is coming up in a special economic zone (SEZ) adjacent to the port.
Also Read: WTCA and Welspun One sign pact to set warehousing project in Thane