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Industrial and Warehousing real estate industry

Realty

India’s Logistics & Industrial Sector Set for Record Growth in 2024

India’s Logistics & Industrial sector is set to achieve over 50 MSF of leasing activity in 2024, marking the third consecutive year of record growth. Key drivers include e-commerce, retail, and manufacturing expansion, while rising land costs in prime markets are prompting the development of alternate logistics corridors. With 25 MSF of Grade-A warehousing supply expected over the next 2-3 years, the sector is positioned for sustained momentum into 2025, according to Cushman & Wakefield.

SquareFeatIndia
December 24, 2024
3 minute read

Realty

Indian Warehousing Demand Projected to Reach 1.2 Billion Sq. Ft by 2027, According to JLL

The Indian warehousing sector is on the verge of significant growth, with demand expected to reach 1.2 billion sq. ft by 2027. A recent JLL report highlights the rise of Grade A warehouses and the emergence of Tier II and III cities as key players in this transformation, driven by e-commerce and third-party logistics.