Warehouse Developer Panattoni Breaks Ground on First India Project Near Delhi

Industrial developer Panattoni broke ground this week on a warehouse park in India’s national capital region as the US company’s first project in the country.

Situated on National Highway 352 within the Jhajjar district of Haryana, some 60 kilometres (37 miles) west of New Delhi, the Grade A park will offer 32,000 square metres (344,445 square feet) of space on a site measuring 66,000 square metres, Panattoni said in a release.

The project will serve as Panattoni’s gateway to India as the developer accelerates its expansion across the country in the coming years, said Robert Dobrzycki, CEO and co-owner for Europe, UK, Middle East and India at Panattoni.

“This premier warehouse reflects our commitment to offering world-class spaces that empower businesses and drive economic growth,” Dobrzycki said.

Tapping Occupier Network

Dubbed Panattoni Park NH71 after the national highway’s former name, the project is designed to feature ample parking, 100 percent wastewater recycling and expansive green cover around the facility. A mezzanine office space is planned to comprise 3 percent of the warehouse area.

Nestled between the industrial centres of Luhari and Farrukhnagar, the site enjoys access to the Delhi-Jaipur and KMP expressways and India’s Dedicated Freight Corridor.

The park will draw on Panattoni’s international occupier network and meet growing demand from Indian companies for sustainable logistics real estate, said Sandeep Chanda, the company’s managing director for India.

“The trends driving this demand, such as increased supply chain efficiency, the surge in e-commerce, and the consolidation of third-party logistics providers, reflect global developments that are now strongly present in India,” Chanda said.

Head Start in Asia

Panattoni established its Indian headquarters in Bengaluru in 2022 as the company’s first head office in Asia.

The initial focus of growth is on the top eight Indian cities, with the first two or three projects to require an initial investment of $200 million.

Founded in 1986 by Carl Panattoni and based in southern California, the privately held company has developed more than 610 million square feet of space across the US, Canada and Europe.