Anamika Mishra
[Sub Editor]
Türkiye has unveiled a $60 billion railway modernization project to create a faster, safer trade corridor between Asia and Europe, bypassing Russia. The upgrades include electrification, high-speed rail, and advanced infrastructure, solidifying Türkiye’s role as a global logistics hub.
The project, led by Invest in Türkiye, aims to connect Europe and Asia more efficiently, addressing disruptions from the ongoing Russia-Ukraine conflict. Key upgrades include:
Learn more about Türkiye’s trade initiatives at Invest in Türkiye.
China’s CRRC Zhuzhou Electric Locomotive, a key player in Türkiye’s transport advancements, is supporting the upgrades. The company has already introduced Istanbul’s fastest metro train. With the tender process underway, more Chinese firms are expected to join the effort.
Explore China’s contributions to the Belt and Road Initiative.
China and Türkiye aim to bypass Russia-Ukraine war-affected routes with a secure freight corridor through Türkiye. This supports China’s Railway Express system, ensuring a reliable flow of goods to European markets.
Jayant Menon from the ISEAS-Yusof Ishak Institute highlights Türkiye’s potential to serve as a cost-effective, reliable alternative for freight shippers.
Türkiye’s railway expansion is set to reduce transit times, lower costs, and enhance efficiency. By leveraging its strategic location, Türkiye aims to redefine global logistics, connecting continents like never before.
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Anamika Mishra
[Sub Editor]
India’s logistics and warehousing industry stands at a crossroads of unprecedented growth and change. With e-commerce and quick commerce sectors expanding at over 19% CAGR, the nation’s logistics infrastructure is struggling to keep pace. Fresh supply of institutional, Grade-A warehousing facilities again fell short of demand in 2024. Addressing these gaps is critical, not just to meet immediate logistical needs but to catalyse India’s march toward a $5
trillion economy by 2027.
Enter Welspun One, the largest homegrown and leading platform that India’s logistics sector needs. Through its integrated fund and development management business model, the company is systematically reshaping the warehousing and logistics landscape in India. By strategically aligning its operations with emerging market demands, Welspun One is setting new benchmarks in efficiency, scalability, and innovation.
At the core of Welspun One’s strategy is a farsighted approach to land acquisition. The company identifies and procures large tracts of strategically located land across major industrial and consumption hubs. These sites ensure seamless connectivity to transportation networks, reducing transit times and operational costs. Leveraging powerful local networks of brokers, IPCs and wealth management firms has allowed Welspun One to source over 500 acres of prime land, underscoring its ability to secure locations that enhance supply chain efficiencies.
Add to the mix Welspun One’s innovative capital-raising strategy. The company launched India’s first Alternative Investment Fund (AIF) focused on warehousing. It attracted various investors, including high net-worth individuals, family offices, and domestic institutions. These investors sought to participate in the full asset creation cycle in a transparent and hassle-free manner. The first fund raised ~₹500 crore, and has already made two profitable exits for investors. The second fund has raised commitments of ₹2,275 crores (including co-investment commitment). The company is now working toward raising a ₹4000 crore fund to double its portfolio from 16 million sf to ~32 million sf by 2028.
The reason for Welspun One’s success is rooted in its simplified leasing solutions. The company’s unique approach involves offering customized leasing options that cater to diverse business requirements ensuring faster client onboarding and greater retention rates. As evidence of its success, Welspun One’s Grade A logistics park in Bhiwandi, with GLA of 2.5MM sf was leased and delivered in ~3.5 years from the commencement of the project.
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