E-commerce boom to boost warehousing in India
WAREHOUSING & LOGISTICS

E-commerce boom to boost warehousing in India

According to Knight Frank, India's e-commerce boom will more than double the amount of warehousing space required in the next five years.

According to a report released Tuesday by the research firm, annual warehousing transactions in the top eight Indian cities will increase to 76.2 million square feet (sq ft) by March 2026, up from 31.7 million sq ft in 2021. The expected increase comes after a drop in the previous year due to the pandemic.

According to Knight Frank, e-commerce only accounted for 4.7% of total Indian retail in 2019, compared to 15.9% in China and 19.2% in the United Kingdom.

E-commerce will take up 165% more space in Indian warehouses over the next five years, while third-party logistics and other sector companies will take up 56% and 43%, respectively, according to Knight Frank.

In the 12 months ending in March, warehousing transactions in the top eight Indian cities fell by 23% to 31.7 million sq ft, compared to the previous year. Rent growth was also affected due to Covid-induced lockdowns.

Image Source


Also read: Taking Stock of Warehousing

Also read: Avigna leases one million sq ft industrial warehouse in Tamil Nadu

According to Knight Frank, India's e-commerce boom will more than double the amount of warehousing space required in the next five years. According to a report released Tuesday by the research firm, annual warehousing transactions in the top eight Indian cities will increase to 76.2 million square feet (sq ft) by March 2026, up from 31.7 million sq ft in 2021. The expected increase comes after a drop in the previous year due to the pandemic. According to Knight Frank, e-commerce only accounted for 4.7% of total Indian retail in 2019, compared to 15.9% in China and 19.2% in the United Kingdom. E-commerce will take up 165% more space in Indian warehouses over the next five years, while third-party logistics and other sector companies will take up 56% and 43%, respectively, according to Knight Frank. In the 12 months ending in March, warehousing transactions in the top eight Indian cities fell by 23% to 31.7 million sq ft, compared to the previous year. Rent growth was also affected due to Covid-induced lockdowns. Image Source Also read: Taking Stock of Warehousing Also read: Avigna leases one million sq ft industrial warehouse in Tamil Nadu

Next Story
Infrastructure Urban

CONCOR Launches Double-stack Service Between NCR and Varnama

State-run Container Corporation of India (CONCOR) has launched double-stack container train services between the National Capital Region (NCR) and Varnama near Baroda. This initiative aims to facilitate customers at Nhava Sheva near Mumbai, home to Jawaharlal Nehru Port (J N Port). On December 21, the first double-stack container train from Khatuwas and Dadri in NCR reached CONCOR’s Gati Shakti Multimodal Cargo Terminal (GCT) at Varnama, situated along the Western Dedicated Freight Corridor (WDFC). The train carried export cargo destined for J N Port, according to a statement from the state..

Next Story
Infrastructure Transport

Less than 10% of Rs 40 Billion State-aid for Shipbuilding Utilised

A government-sanctioned financial assistance program worth Rs 40 billion, intended to support local shipbuilders over a decade starting in April 2016, has seen minimal utilisation, with only Rs 3.85 billion—less than 10 per cent of the total fund—disbursed thus far. With 15 months remaining before the scheme concludes, its uptake has been limited. The financial aid applies to shipbuilding contracts signed between April 1, 2016, and March 31, 2026. According to a written response provided by Union Minister of Ports, Shipping, and Waterways Sarbananda Sonowal to the Rajya Sabha on December ..

Next Story
Infrastructure Transport

Civil Aviation Minister Opens New ATC Tower at Indore Airport

The Minister for Civil Aviation, Ram Mohan Naidu Kinjarapu, inaugurated the new Air Traffic Control (ATC) Tower-cum-technical block at Devi Ahilyabai Holkar International Airport in Indore, Madhya Pradesh. During the inauguration, the minister toured the facility, where ATC experts explained various technical aspects of tracking and coordinating flights from the newly constructed tower. In addition to the ATC tower, the airport has also introduced a zero-waste plant. The union minister confirmed that this initiative aligns with the government’s commitment to sustainability. Minister Ki..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000