Seven decades of building infrastructure.

NDR Smart Spaces is the logistics and infrastructure development platform of the NDR Group, established in 1954, and a leading developer of logistics and industrial spaces in India.

  1. 1954 GROUP FOUNDED
  2. 2001 NDR WAREHOUSING ACTIVE OPERATIONS
  3. 2025 NDR SMART SPACES INCORPORATED

Origin of the group

Seven decades of building

The NDR Group was founded in 1954 by the late Mr. Naidu Dasaratha Rami Reddy. It began with a modest land parcel and a vision to establish a rice mill, marking the start of entrepreneurship in a family rooted in agriculture. His pioneering spirit laid the foundation for a multi-generational legacy of growth and innovation.

Since 2002, under new leadership, the company has achieved significant scale, attracted marquee investors and executed strategic acquisitions to strengthen its market position. Today, the organization is entering a new phase of growth and modernization, with a vision to strengthen India's socio-economic infrastructure landscape, anchored primarily in logistics and industrial infrastructure.

An archival photograph of an early NDR Group warehouse with trucks loading outside

The journey

1954 to today.

  1. 1954:

    Beginning of NDR Group operations

  2. 1979:

    NDR’s First Warehouse

  3. 1998:

    India’s First Private Bonded Warehouse Established by CWCNSL (Continental Warehousing Corporation (Nhava Seva) Limited), a former NDR group company

  4. 2001:

    Established India's first IBM Manufacturing Facility; NDR Warehousing's First Modern Built-to-Suit structure

  5. 2005:

    NDR Warehousing invested in CWCNSL, Along With IL&FS Investment Managers - The Group's First Foray With Private Equity

  6. 2008:

    1 Million Sq. Ft. of Construction Completed

  7. 2010:

    Investment secured from Warburg Pincus, IFC (for CWCNSL) & First Association with Kotak

  8. 2014:

    3 Million Sq. Ft. of Construction Completed

  9. 2016:

    Post-GST Era: Consolidation of Logistics Infrastructure Accelerates NDR’s Growth

  10. 2018:

    NDR Warehousing Exits CWCNSL, CWCNSL Acquired by DP World, One of the Largest Logistics Deals of the Decade

  11. 2020:

    8 Million Sq. Ft. of Construction Completed

  12. 2021:

    Investcorp's First Tranche of Investment in NDR Warehousing

  13. 2022:

    NDR Warehousing’s First 1 Million Sq. Ft. Park each Established at Chennai and Coimbatore

  14. 2023:

    Investcorp's Second Tranche of Investment in the Pre-Round of NDR InvIT, India’s First Perpetual Warehousing InvIT

  15. 2024:

    NDR InvIT Listed on NSE with ₹8.8 Billion Offer Size and 17 Million (Approx.) Sq. Ft. of Asset Portfolio

  16. 2025:

    Incorporation of NDR Smart Spaces

  17. 2026:

    IFC (International Finance Corporation) brings a 225 crore equity investment into NDR Smart Spaces, with 23 Million Sq. Ft. Under Management and 10 Million Sq. Ft. Under Construction

Vision

We aspire to be a leading organisation in the Logistics, industrial and socio-economic Infrastructure Sector, actively contributing to India's dynamic growth story. We aim to positively impact social development and elevate infrastructure standards, positioning ourselves as a key player committed to excellence and progress.

Mission

Our mission is to deliver infrastructure solutions that create lasting impact for communities, build enduring partnerships with our clients, and create sustainable long-term value for our investors, while upholding uncompromising standards of safety, ethics and environmental responsibility.

Our Code

Built Smarter. Scaled Further

Efficiency that helps our customers grow.

We believe better infrastructure starts with better thinking. By combining disciplined execution, intelligent engineering, and streamlined construction, we create high-quality spaces that are here to stay. From the first concept to final handover, every decision builds the foundation to deliver more.

The people behind the platform.

The Board

Meet the team