IL&FS makes another Indian warehouse investment
IL&FS Investment Managers has committed INR400 million ($8.9 million) to agri-warehousing firm JICS Logistic, its fourth investment in India’s logistics and warehousing space in five years.
The investment was made through IL&FS' $225 million Tara India Fund III and will be used to expand JICS' operational capacity and geographic span. JICS is touted as a leader in the comprehensive warehousing...
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