Embassy plans to infuse equity to the extent of $250 million or Rs1,600 crore and the rest will be borrow on debt. Photo: Hemant Mishra/MintMumbai: Betting big on the growing demand for warehousing, Embassy Industrial Parks plans to invest around $1 billion in 3-4 years to take its total space 30 million sq. “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 PTI . ft of leasable space and plans to take it to up to 30 million over the next 3-4 years, he said. “We wish to add nearly 5-6 million sq.
Source: Mint April 15, 2018 10:07 UTC