Welspun One Invests ₹550 Crore to Develop Grade-A Logistics Park in Pune’s Talegaon
Welspun One, a leading warehousing and industrial real estate platform, has announced a significant investment of ₹550 crore to develop a grade-A logistics park in Pune. The company has been allotted a 46-acre land parcel in the Maharashtra Industrial Development Corporation (MIDC)-notified area of Talegaon, Phase IV.
The logistics park will cover an area of 1.2 million square feet (msf) and is designed to meet the operational needs of various high-demand sectors, including third-party logistics (3PL), e-commerce, fast-moving consumer goods (FMCG), automotive, engineering, auto ancillary, and manufacturing industries. The master plan includes four buildings ranging from 1 lakh square feet to 3.5 lakh square feet.
The strategic location of the site in the Talegaon–Chakan belt makes it one of India’s most sought-after industrial and warehousing micro-markets. This area is driven by occupier demand from warehousing and industrial users seeking proximity, scalability, and compliance-led infrastructure. The site offers 375 meters of frontage along a proposed 45-meter-wide MIDC arterial road and benefits from three-side access roads within the MIDC layout, enhancing internal mobility and routing flexibility.
The logistics park is conveniently situated, being just 10 km from the upcoming Pune Ring Road and 11 km from the Mumbai-Pune Expressway. This connectivity provides easy access to key cities like Pune, Mumbai, Nashik, and western Maharashtra. Additionally, the site is connected to the Talegaon manufacturing zone, making it an ideal location for manufacturers and suppliers looking to support just-in-time (JIT) operations and near-plant inventory.
Pune has seen a notable increase in warehouse leasing activity, recording about 7.4 msf in 2025 year-to-date, compared to 6.8 msf for the same period last year, marking a 10% growth. The Talegaon–Chakan belt alone accounted for nearly 70% of this activity, highlighting its growing importance as a preferred warehousing destination.
Balkrishan Goenka, Chairperson of the Welspun Group, expressed his optimism about the project: “Welspun One’s continued expansion across India’s key logistics corridors reflects our deep conviction in the country’s growth story and the rising demand for high-quality, compliant infrastructure. With this strategic entry into Pune, we are strengthening our presence in one of Maharashtra’s most dynamic industrial hubs and reinforcing our commitment to building nation-critical assets that enable India’s manufacturing and consumption ecosystem.”
Anshul Singhal, Managing Director of Welspun One, added: “This acquisition is a decisive move in our long-term vision to build future-ready, institutional-grade infrastructure across India’s key industrial zones. Talegaon–Chakan stands out for its strong fundamentals, from thriving manufacturing clusters and a ready labor force to rising occupier demand and upcoming transport infrastructure. As a first-mile asset, this park will be a high-throughput, high-compliance facility enabling efficient regional distribution.”
Welspun One currently has a development pipeline of about 19 msf and ₹10,000 crore of assets under management, solidifying its position as a key player in India’s warehousing and industrial real estate sector.
