India’s leading investor, developer, and manager of industrial and logistics real estate IndoSpace announced plans to invest $57 million to build a 66-acre logistics park in Bhiwandi, a key logistics hub in the Mumbai Metropolitan Region (MMR). This fresh commitment adds to the $330 million the company has already invested in Maharashtra to enhance the state’s infrastructure and logistics ecosystem.
IndoSpace, which currently operates over 52 grade-A parks across 11 cities in India, will launch the Bhiwandi park in phases within this financial year. The facility will feature both ready-to-move-in spaces and build-to-suit (BTS) solutions, catering to diverse business needs across industries.
Anshuman Singh, managing director and chief executive officer, IndoSpace, said, “The launch of our Bhiwandi park highlights IndoSpace’s role in expanding India’s supply chain backbone. As the country experiences shifts in consumption, manufacturing, and global trade linkages, the availability of reliable logistics infrastructure becomes critical. Our approach is centred on building facilities that combine operational efficiency with long-term sustainability, aligning with the broader imperatives of India’s economic growth.”
With a development potential exceeding 1.7 million sq. ft., the Bhiwandi park will serve businesses in e-commerce, third-party logistics, FMCG, automotive, and electronics sectors. Designed with a strong focus on sustainability, IndoSpace Bhiwandi will feature green spaces and infrastructure built in line with ESG standards and certifications, ensuring both operational efficiency and environmental responsibility.
Bhiwandi, already a well-established warehousing hub in Maharashtra, benefits from excellent connectivity to Mumbai, Thane, and Pune. Its strategic importance has further increased with direct access to the Mumbai–Nagpur Samruddhi Expressway. The upcoming IndoSpace Bhiwandi park will enable businesses to cater to regional demand and streamline supply chain operations more efficiently.
Meanwhile, India’s warehousing and industrial park sector continues to experience strong growth. Data from Cushman & Wakefield shows that Mumbai led leasing activity in the first half of 2025 with 7.0 msf, contributing 23% of all-India leasing and marking a 131.3% year-on-year surge, driven by robust warehousing and industrial demand. At the national level, overall leasing reached 30.7 msf, reflecting a 21.6% Y-o-Y increase.
