Prologis, the global leader in logistics real estate with USD 207 billion in assets under management and a portfolio spanning 1.3 billion square feet across 20 countries, has partnered with Vedant Jhaver, Executive of the Jhaver Group, to strengthen India’s industrial and logistics infrastructure.
The newly formed entity, Prologis India, aims to develop state-of-the-art, scalable logistics facilities to meet the rising demand within the country and improve its connectivity to global supply chains. The partnership brings together Prologis’ global expertise in logistics real estate and Vedant Jhaver’s deep-rooted local business acumen and market insight.
Prologis India has already secured more than 300 acres of land to develop approximately 6.5 million square feet of logistics space across key cities including Chennai, Bangalore, Hosur, and Pune. Vedant Jhaver—who also chairs Prodapt Solutions and leads the 130-year-old Jhaver Group—will serve as Chairman of Prologis India. Vineet Sekhsaria will serve as Head of India for Prologis.
News by Rahul Yelligetti.