IndoSpace to Develop $57M Logistics Park in Bhiwandi
IndoSpace, a leading developer of industrial and logistics real estate, has announced a $57 million investment to establish a 66-acre logistics park in Bhiwandi, Maharashtra. The project is set to bolster the region’s position as a strategic hub for warehousing and distribution, serving industries such as e-commerce, retail, manufacturing, and third-party logistics. With its proximity to Mumbai and strong connectivity to national highways, the new facility is expected to cater to rising demand for modern, large-scale logistics infrastructure, supporting both regional and national supply chain growth.