In a strategic move aimed at reshaping India’s logistics and industrial landscape, Logicap Management, an industrial investor backed by Singapore’s Rava Partners, has joined forces with Mitsubishi Estate. The collaboration will focus on building modern infrastructure to meet the surging demand from both traditional industries and booming sectors like e-commerce and IT.
The joint venture’s initial project includes two sprawling facilities in Gurgaon, Haryana, within the NCR region. Together, these sites span 29 hectares and provide a combined operational space of 179,000 square meters. These developments have been spearheaded by Pragati Warehousing, a premier logistics developer under Logicap’s portfolio, known for delivering over 12 million square feet of top-tier warehouses.
This partnership reflects a broader trend of growing foreign investment in India’s logistics sector, aiming to bridge critical infrastructure gaps as industries evolve. The legal advisory for Logicap was managed by Shardul Amarchand Mangaldas, with key roles played by Anuj Bhasme, Rishikesh Desai, Raghav Shah, and Janhavi Patankar. Real estate aspects were handled by Rohit Bajaj and Shridha Malhotra, while Latham & Watkins LLP provided international legal counsel.
By blending Mitsubishi’s global expertise with Logicap’s local experience, the venture is positioned to set new standards in industrial infrastructure, addressing the needs of a rapidly expanding economy.
