Embassy to invest $1 billion on warehousing space


16th April, 2018

Betting big on the growing demand for warehousing, Embassy Industrial Parks plans to invest around USD 1 billion in 3-4 years to take its total space 30 million sq ft, a senior company official has said.

Various policy decisions like the implementation of GST and e-way bill have given a boost to the logistics sector, the company said.

“This coupled with the growth in the e-commerce and retail sectors has necessitated a sharp growth in warehousing in the country,” the company’s CEO Anshul Singhal told here.

Read more about this news at ETRealty


  1. Business Standard
    http://www.business-standard.com/article/pti-stories/embassy-to-invest-1-bn-on-warehousing-space-says-ceo-118041500237_1.html
  2. Business Standard
    http://www.business-standard.com/article/companies/embassy-to-invest-1-bn-to-raise-warehousing-space-to-30-mn-sq-ft-says-ceo-118041500237_1.html
  3. Money Control
    https://www.moneycontrol.com/news/business/embassy-to-invest-1-bn-on-warehousing-space-says-ceo-2549531.html
  4. Livemint
    https://www.livemint.com/Companies/SJj9A3q9tZCQMEjclHGAgJ/Embassy-to-invest-1-billion-on-warehousing-space-says-CEO.html
  5. Timesofindia
    https://timesofindia.indiatimes.com/business/india-business/embassy-to-invest-1-bn-on-warehousing-space-says-ceo/articleshow/63769554.cms?from=mdr
  6. The hindu
    http://www.thehindu.com/news/cities/Visakhapatnam/logistic-players-hail-e-way-bill-system/article23550728.ece
  7. Indiatoday
    https://www.indiatoday.in/pti-feed/story/embassy-to-invest-1-bn-on-warehousing-space-says-ceo-1212628-2018-04-15
  8. Indiafinancenews
    https://www.indiafinancenews.com/embassy-to-invest-1-billion-on-warehousing-space-says-ceo/?ref=pradical
  9. Realtyplusmag
    http://realtyplusmag.com/embassy-to-invest-1-billion-on-warehousing-space-says-ceo-2/
  10. Mytimesnow
    http://www.mytimesnow.com/news/business/753987/embassy-to-invest-1-billion-on-warehousing-space-says-ceo
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