Investcorp, a Bahrain-based investment firm, aims to revolutionize India's warehousing industry with an upcoming India-focused fund. Gaurav Sharma, head of India Investments, highlights plans to boost investments through partnerships with developers, mirroring their success with NDR Warehousing. With Rs 1,000 crores already invested, an additional $100 million investment has been planned to double its warehousing allocation in 12-18 months. Beyond warehousing, Investcorp is eyeing the residential segment and educational infrastructure to expand its influence in these sectors. The firm's strategic expansion into warehousing signals a transformative shift in India's logistical infrastructure.
The Bahrain-based investment company Investcorp is preparing to introduce an India-focused warehousing fund in the upcoming months as part of its attempt to transform India's warehousing industry. With this project, the company will expand its holdings in the rapidly growing warehousing market in India.
Gaurav Sharma, head of India investments at Investcorp, expressed the firm's strategic vision to expand their footprint in Indian warehousing. He outlined plans to raise their investments in this sector through a potential warehousing development fund. The initiative aims to forge partnerships with various developers across India, on the lines of their successful collaboration with NDR Warehousing.
Investcorp, which has assets under management of over $50 billion worldwide, is planning to invest an additional $100 million in Indian warehousing over the course of the next year. Sharma expressed the firm's intention to double their allocation towards warehousing within the next 12-18 months.
The firm's present Indian investments amount to Rs 1,000 crores, including the collaboration with NDR Warehousing. Investcorp's previous funding of Rs 500 crores or $16 million in July into NDR Warehousing demonstrated its commitment to this sector. Sharma emphasized their commitment to supporting and facilitating developers' plans for warehousing investments on a broader scale.
Sharma discussed Investcorp's capital-raising strategy. He emphasized collaborating with numerous developers to pinpoint potential partners within specific micro markets. This approach aims to select centers experiencing substantial demand for optimal investment prospects.
Beyond warehousing, Investcorp eyes the residential segment and educational infrastructure to expand its influence in these sectors. With investments totaling approximately Rs 1,500 crore in residential debt funds and assets valued at $30 million in educational infrastructure, Investcorp showcases a multifaceted investment approach.
As NDR's portfolio flourishes, covering 14 million sq. ft across 10 Indian cities, Investcorp remains an integral part of the firm's evolution. The Chennai-based company intends to list a segment of its portfolio as an Infrastructure Investment Trust (InvIT), with Investcorp standing firmly in support.
With its plans to expand further into warehousing, Investcorp has the ability to revolutionise the real estate and investment landscape in India and reshape the country's logistical infrastructure.