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NDR Warehousing, a dominant force in the warehousing industry, has announced the successful acquisition of LSA Warehousing Private Limited, according to a recent statement. This strategic acquisition, located in Sohna, reportedly strengthens NDR's robust presence in one of India's largest consumption markets.
The acquisition encompasses an expansive 18-acre project strategically positioned along the Sohna-Balabgarh Road, further reinforcing NDR's strong foothold in the NCR region. According to the statement, this marks the company's fourth venture in the area, with a notable focus on the thriving micro market of Sohna, complementing their established presence in Sarita Vihar and Bilaspur Tauru road. The statement mentions that phase I of the project is slated for completion within 6 to 8 months, with NDR aiming to deliver the entire project within a year. This highlights the company's commitment to timely execution and operational efficiency, as stated in the announcement.
The acquisition reportedly incurred a substantial investment of INR 42 crores. With a legacy dating back to 1986, NDR Warehousing has reportedly evolved into a premier warehousing powerhouse in India, offering unparalleled quality industrial and distribution centers across the country at cost-effective rates. The statement notes that NDR currently owns and operates over 15 million square feet of warehousing space, with an additional 4 million square feet under construction. Their clientele reportedly includes Fortune 100 Companies, leading Indian corporates, e-commerce giants, and 3PL players, as mentioned in the announcement.
Amrutesh Reddy, Managing Director of NDR Warehousing, expressed excitement about the acquisition of LSA Warehousing Private Limited, as reported in the statement. Reddy reportedly stated, "Catering to the evolving needs of our clients, we are thrilled to expand our portfolio through the acquisition of LSA Warehousing Private Limited. This strategic move reinforces our commitment to delivering exceptional warehousing solutions and supporting the growth of businesses in the NCR region and to the sector at large." Reddy further mentioned, "We look forward to leveraging our expertise and state-of-the-art facilities to provide unparalleled services to our valued clients."
In conclusion, NDR Warehousing has reportedly made a significant acquisition, as announced in a recent statement. The acquisition of LSA Warehousing Private Limited, located in Sohna, is expected to bolster NDR's presence in one of India's major consumption markets. With their strategic ventures in the NCR region and their commitment to delivering quality warehousing solutions, NDR aims to support business growth and provide exceptional services to their clients.
This story was earlier published in ET Realty
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