NAREDCO-Warehousing Association MoU

New Delhi, July 27, 2022: National Real Estate Development Council (NAREDCO) has signed a Memorandum of Understanding (MoU) with Warehousing Association of India (WAI). WAI’s members comprise mainly developers and operators of warehouses, as well as those stakeholders that are associated with the Warehousing Industry.

The MoU aims to address the construction and land-related difficulties that warehousing developers confront. It also endeavours to resolve obstacles and issues that regulators, licensees, permits and approvals and in development and operation of warehousing and logistics businesses have to deal with.

The collaborators will also be creating guidelines for ethical, efficient, and effective logistics, warehousing, and other related business practises. Furthermore, through combined seminars, webinars, and other outreach initiatives, NAREDCO and WAI will promote sustainability awareness.

Rajan N Bandelkar, President, NAREDCO stated that “With the signing of this MoU we have paved the way for deep partnership and collaboration to solve the problems of construction and land-related difficulties that warehousing developers confront. Dissemination of knowledge by both the bodies will bring great value and learnings to the industry. In addition, the NAREDCO members will make a huge contribution to the effort of standardisation of warehousing infrastructure and land related assets.”

Sunil Tyagi, Honorary Secretary, Warehousing Association of India said, “Our signing the MOU with NAREDCO one of the premier organisation of Real Estate Developers in India is yet another step in WAI ‘s endeavour  to promote the interests of warehousing industry in India. Our aim is to work with various industry leaders/organisations to achieve the goals we have set up for WAI”.