Free Trade Warehousing Zone (FTWZ)

"This acquisition puts us in a good position to capitalise on this growth": Sanjeev Dasgupta, CEO of the manager.

SINGAPORE (Nov 24): The trustee-manager of Ascendas India Trust (a-iTrust) is acquiring six warehouses from logistics and supply management service provider Arshiya for a total consideration of INR 5.34 billion ($112.5 million).