Embassy to invest $1 billion on warehousing space

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.

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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
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   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