Industrial & Warehousing Demand Sees Robust Growth in 2024, Surpassing 20 Million Sq Ft of Leasing

Industrial and warehousing demand in India surged by 17% YoY in 2024, with 20.2 million sq ft leased by September. Delhi NCR and Chennai led the charge, with 3PL, engineering, and FMCG sectors driving leasing activity in the first three quarters.