Warburg Pincus invested $ 1 million in India, mainland warehouse

Warburg Pincus India Private Limited, has deployed $ 250 million in India's private equity firm, recently confirmed its presence in mainland China wholesale's logistics warehousing company Chennai (Nhava Seva) Ltd. (CWCNSL), NDR Group's subsidiaries investment.

NDR Group has been in the country's largest private sector storage network, including 65,000 square feet of warehouse space in 70 strategic locations across the country, one of the.

Warburg Pincus investment will be used to fund the expansion and strengthening of developing countries in all regions of the rail links inland container depots CWCNSL as an end-to-end logistics solution provider position.

Some of the existing small and medium investors to divest its ownership of the shares as part of Warburg as part of the deal.

"Their support will enable us to achieve our vision to further strengthen our position as a" one stop "facilities and logistics solutions provider, customers in India the industry leadership position," N. Amrutesh Reddy said , Executive Director, Chinese wholesalers.