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Hindustan Unilever leases nearly 6 lakh sq ft warehouse in Bhiwandi near Mumbai

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Hindustan Unilever Ltd (HUL) has leased a 6 lakh sq ft warehousing facility in Bhiwandi, near Mumbai, setting a notable trend in logistics. The seven-year lease includes annual 5% rent escalation, totaling over Rs 150 crore, enhancing HUL's supply chain efficiency in the Mumbai Metropolitan Region.

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