One Industrial Spaces seeks to disrupt the Indian warehousing sector
Anshul Singhal, the former CEO and director of Embassy Industrial Parks and JSW Severfield Structures Limited, has launched his maiden entrepreneurial venture “One Industrial Spaces”.
It is an integrated organization for fund, asset and end-to-end development management for the warehousing sector in India.
“One Industrial spaces can deliver end-to-end development management to our customers; this includes procurement of approvals and asset management,” says Singhal.
“On the one hand, we have access to high quality tenants who are looking for large format warehousing spaces on long term lease on clean, complaint land. At the other, we are partnering with landowners to unlock lands faster,” he adds.
“Since land is an emotional subject in India, most landowners don’t wish to sell their land, seeing it as a source of wealth creation for their future generations. Given a choice, they would like to partner or have a joint venture with a professional organization to develop a quality asset.”
Singhal says One Industrial Spaces will be the first warehousing company in India with focused partnership models for landowners that help them make stable returns on their existing lands.
“We will also provide investor and financing tie-ups to capitalize each project with a combination of equity and debt,” he adds.