Industrial & Warehousing Sector Records Robust Growth in 2024, Driven by Large Deals and Strong Demand in Key Cities
India’s industrial and warehousing sector recorded significant growth in 2024, with 25.6 million sq ft of leasing activity across the top five cities. Delhi NCR and Chennai led the demand, accounting for nearly half of the market share. The sector saw a 22% YoY rise in new supply, reflecting developer confidence. Large-sized deals dominated, with 40% of the total demand driven by 3PL, Engineering, and Electronics segments.
