### **Overview** Arshiya Limited is a pioneering Indian developer and operator of **Free Trade Warehousing Zones (FTWZs)** and a key player in providing **integrated logistics and supply chain infrastructure solutions**. As the flagship entity of the Arshiya Group, the company operates across multiple verticals, including FTWZs, domestic warehousing, rail logistics, third-party logistics (3PL), supply chain management, and is strategically expanding into **data center and digital infrastructure** development. At the current period of **November 2025**, Arshiya Limited continues to transform from a logistics infrastructure provider into a diversified, multi-modal logistics and industrial hub operator, capitalizing on favorable regulatory reforms, India’s growing trade volume, and rising demand for modern warehousing and digital infrastructure. --- ### **Core Business Segments** - Free Trade Warehousing Zones (FTWZ) - Domestic Warehousing - Rail & Inland Container Depot (ICD) Operations - Third-Party Logistics (3PL) & Value-Added Services - Data Centre & IT/ITES Infrastructure Development --- ### **Key Operational Assets & Facilities** #### **1. Panvel FTWZ (Maharashtra)** - **Size**: Approximately **143 acres** (originally 165 acres) - **Location**: Strategically adjacent to **Jawaharlal Nehru Port Trust (JNPT)**, India’s busiest container port - **Connectivity**: Seamless access to **national highways**, the **Eastern & Western Freight Corridors**, and proximity to the **Navi Mumbai International Airport** (under development) - **Warehousing**: Seven operational warehouses with **~1.16 million sq. ft.** of built-up space - **Status**: Designated as a **Multi-Purpose Special Economic Zone (SEZ)**, enabling **manufacturing**, **assembly**, and **contract manufacturing** (e.g., electronics, defense) under India’s **Atmanirbhar Bharat** and **PLI schemes** #### **2. Khurja FTWZ (Uttar Pradesh, NCR)** - **Size**: 135 acres - **Location**: Within the **National Capital Region (NCR)**; near the upcoming **Jewar International Airport (Noida International Airport)** and at the intersection of the **Eastern & Western Dedicated Freight Corridors** - **Land Ownership**: Arshiya holds **42.08 acres**, used by group company **NCR Rail Infrastructure Limited** for rail operations - **Functionality**: Declared a **Multi-Purpose SEZ**, allowing expanded commercial and manufacturing activities - **Clients & Sectors**: Serves **telecom, electronics, chemicals, and aerospace** industries targeting North Indian markets #### **3. Inland Container Depot (ICD) & Private Rail Infrastructure (Khurja)** - Arshiya operates **India’s only private ICD with a 6-lane private rail siding**, ensuring exclusive and efficient rail connectivity - **Annual Handling Capacity**: Over **120,000 TEUs** - **Rail Assets**: Holds a **Private Container Train Operator (PCTO) license**, operating **18 rakes and ~3,500 containers** - **Logistics Integration**: ICD co-located with **FTWZ, domestic warehousing, and a private freight terminal**, forming **India’s first integrated multi-modal logistics park** --- ### **Subsidiary & Group Structure** Arshiya operates through a well-structured network of subsidiaries and step-down entities: - **Arshiya Logistics Services Limited** - **Arshiya Technologies (India) Private Limited** - **Arshiya Data Centre Private Limited** - **Arshiya Infrastructure Developers Private Limited** - **Arshiya Panvel FTWZ Services Private Limited** (step-down) - **Arshiya 3PL Services Private Limited** (step-down) These entities enable specialized operations in **warehousing, logistics execution, technology integration, and data infrastructure development**. --- ### **Strategic Initiatives & Diversification** #### **1. Expansion into Data Centers** - Regulated approval secured (2021–2022) to develop an **Electronic Hardware & Software (IT/ITES) Zone** at Panvel FTWZ - Plans underway for a **Hyperscale Data Centre Park** (potential development area: **2–3 million sq. ft. on 25 acres**) - Market driven by rising **internet penetration, digitalization, and telecom expansion** - Global consulting firm engaged to validate business case—**encouraging client interest and pre-leasing traction observed** #### **2. Manufacturing & SEZ Expansion** - **SEZ policy reforms (2021–2022)** now permit **manufacturing within FTWZs** - Arshiya has leveraged this to offer **contract manufacturing, assembly, and export-oriented production** - Aligns with **‘China-Plus-One’ strategy** and government programs like **Make in India** and **PLI**, attracting MNCs seeking alternative manufacturing bases #### **3. E-commerce Enablement** - Positioned to capture **cross-border and domestic e-commerce fulfillment demand** via FTWZs - Awaiting government clarity on **e-commerce trade regulations in SEZs** - Sees **e-commerce integration** as a transformative opportunity post-pandemic, with potential for job creation and forex earnings --- ### **Business & Financial Strategy** #### **Asset-Light Model** - Pursues **periodic and staggered monetization** of assets to **strengthen group cash flows** - Enables reinvestment in new infrastructure without over-leveraging - Demonstrated via lease agreements and revenue from value-added services beyond base monetization #### **Capital Support via Ascendas Partnership** - **Ascendas India Trust** has committed capital support under a **Framework Agreement** for future expansion - Historically provided **attractive valuations** for warehousing assets, supporting sustainable monetization and growth #### **Debt Restructuring & Operational Revival** - Management prioritized **debt reduction and operational restructuring** (since early 2020s) - Initiated separation of **FTWZ business (retained under Arshiya)** and **domestic logistics operations into ARIL (Arshiya Rail and Infrastructure Limited)** - Aim: Sharper focus, improved governance, and better valuations for different business verticals --- ### **Market Position & Competitive Edge** - **Market Leadership**: Only company in India operating **two multi-purpose FTWZs** across key economic regions (West & North India) - **Integrated Logistics Hub**: Unique ability to offer **customs-clear, rail-connected, warehousing, 3PL, and now data centre services** under one ecosystem - **Government Alignment**: Positioned to benefit from national initiatives including: - *Make in India* - *Atmanirbhar Bharat* - *Dedicated Freight Corridors (DFC)* - *GST-driven supply chain consolidation*