Washington - International Finance Corporation (IFC), a member of the World Bank Group, has invested in NDR Smart Spaces to support the expansion of Grade A warehousing and social infrastructure across India, with a particular focus on Tier 2 and Tier 3 cities.
The investment will help NDR Smart Spaces accelerate its existing development pipeline and build high-quality logistics assets in strategic locations. The company plans to develop warehouses designed to the Advanced EDGE green building standard, targeting reductions of up to 40% in energy consumption and 20% in water consumption.
IFC said India’s . . .
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