Acquired a majority stake in Pragati Warehousing in 3Q22 with a vision to create a pan-India footprint across major micro-markets
Pragati is one of the leading logistics developer in India with a credible track record of developing and managing Grade A logistics assets
Logicap acquired a majority stake in Pragati Warehousing in Q3 2022, partnering with one of India’s most established logistics real estate developers. Founded in 2010 and headquartered in Gurugram, Pragati has built a credible track record of developing and managing Grade-A warehouse assets across India’s key micro-markets, with over 12 million square feet of logistics infrastructure developed to date. Under Logicap’s partnership, Pragati operates as a core development platform — sourcing land, developing best-in-class facilities, and managing assets across high-demand logistics corridors. The platform serves a diverse occupier base spanning e-commerce, FMCG, automotive, and third-party logistics, with assets strategically located to support India’s growing supply chain requirements.
EcoBox Industrial Parks is a full-service development management company dedicated to transforming industrial real estate and warehousing infrastructure in India.
EcoBox Industrial Parks is a full-service operating platform of Logicap, established to develop, acquire, and manage industrial and logistics assets across India. The platform manages a portfolio of over 4.8 million square feet of industrial space, including assets in key logistics markets such as Ranjangaon near Pune, Sri City near Chennai, and Mannur in Chennai — with a continued pipeline of greenfield development underway. EcoBox provides an end-to-end solution across the industrial real estate lifecycle, covering development management, leasing, property management, and asset management. The platform is designed to serve occupiers across e-commerce, third-party logistics, automotive, and light manufacturing, delivering infrastructure built to institutional standards across India’s emerging industrial corridors.