In a move reflecting strong confidence in India’s infrastructure growth story, the National Bank for Financing Infrastructure and Development (NaBFID) has invested INR 7,450 million in long-term bonds issued by NDR InvIT, an Infrastructure Investment Trust managed by NDR InvIT Managers and sponsored by NDR Warehousing Private Limited. These 15-year bonds, rated AAA/Stable by India Ratings (FITCH) and CARE, highlight NDR InvIT’s critical role in advancing India’s warehousing and industrial parks sector—a cornerstone of the nation’s economic infrastructure.
Strengthening India’s Industrial Backbone
The capital infusion will accelerate NDR InvIT’s strategic growth plans, enabling the development of world-class, sustainable industrial parks and warehousing facilities across key growth corridors in India. As the demand for logistics infrastructure surges, driven by rapid manufacturing expansion and the booming e-commerce sector, NDR InvIT is well-positioned to bridge crucial infrastructure gaps.
This investment underscores the commitment of both NaBFID and NDR InvIT to align with India’s vision for modernized supply chains, supporting the nation’s economic ambitions while delivering sustainable infrastructure solutions.
India’s Logistics Market on a Growth Trajectory
The timing of this investment aligns with India’s logistics and warehousing sector entering a phase of exponential growth.
- According to Motilal Oswal, the Indian logistics market, valued at INR 9 trillion in FY23, is projected to grow to INR 13.4 trillion by FY28, achieving a CAGR of 8-9%.
- As per IBEF, the Indian warehousing market is expected to reach US$ 34.99 billion (INR 2,872.10 billion) by 2027, expanding at a CAGR of 15.64% from 2022 to 2027.
These trends emphasize the importance of targeted investments in advanced logistics and warehousing infrastructure to meet the surging demand and support India’s economic growth.
Leaders Speak
Krishnan Iyer, CEO of NDR InvIT Managers, expressed enthusiasm about the partnership:
“This partnership with NaBFID represents a significant leap in our journey toward becoming a leading enabler of India’s industrial growth. The funds raised will enable us to capitalize on market opportunities, strengthen our portfolio, and deliver high-quality infrastructure that drives economic growth. We are excited about the opportunities this brings to contribute to India’s infrastructure goals and create long-term value for our stakeholders.”
Adding to this, Sandeep Jain, CFO of NDR InvIT Managers, highlighted the financial impact:
“This successful bond issuance is a testament to NDR InvIT’s financial resilience and the trust reposed by institutional investors in our long-term growth strategy. The issuance of this long-term bond demonstrates our ability to access sustained capital at competitive terms, a key differentiator in the infrastructure investment space. This investment will allow us to enhance our operational capabilities, expand our portfolio strategically, and reinforce our position as a leader in the warehousing and industrial parks segment.”
Pioneering Sustainable Infrastructure
The 15-year bonds will support NDR InvIT in incorporating sustainability into its infrastructure projects, aligning with global environmental standards. The funds will drive the construction of green-certified industrial parks and eco-friendly warehouses, integrating advanced technologies to improve efficiency and reduce carbon footprints.
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