India's Warehousing Space to Grow by 13-14% in Major Cities by FY2025
WAREHOUSING & LOGISTICS

India's Warehousing Space to Grow by 13-14% in Major Cities by FY2025

A recent report projects a significant 13-14% increase in warehousing space across India's major cities by FY2025. This growth is driven by the booming e-commerce sector, rising manufacturing activities, and the expansion of retail chains, all demanding efficient storage and distribution solutions.

Cities such as Mumbai, Delhi-NCR, Bengaluru, and Hyderabad are at the forefront of this expansion, attracting substantial investments in modern warehousing facilities. These new spaces will feature advanced technologies and automation, optimising supply chain operations to meet the dynamic needs of consumers.

The implementation of the Goods and Services Tax (GST) has also played a crucial role, streamlining logistics and promoting the consolidation of warehousing operations. This, coupled with the rise of third-party logistics (3PL) providers, has further fueled the demand for sophisticated warehousing solutions.

The increase in warehousing capacity is expected to enhance supply chain efficiency, reduce logistics costs, and improve the overall business climate in these cities. Additionally, this growth is anticipated to create job opportunities and stimulate economic activity in the regions.

While the expansion presents lucrative opportunities for developers, investors, and logistics companies, the report underscores the importance of sustainable development practices. Ensuring that new warehousing infrastructure aligns with environmental and social considerations is crucial for long-term success.

In summary, the expected 13-14% rise in warehousing space in India's major cities by FY2025 highlights the robust growth of the logistics sector. This expansion will play a pivotal role in supporting the country's economic development and meeting the increasing demands of various industries.

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

A recent report projects a significant 13-14% increase in warehousing space across India's major cities by FY2025. This growth is driven by the booming e-commerce sector, rising manufacturing activities, and the expansion of retail chains, all demanding efficient storage and distribution solutions. Cities such as Mumbai, Delhi-NCR, Bengaluru, and Hyderabad are at the forefront of this expansion, attracting substantial investments in modern warehousing facilities. These new spaces will feature advanced technologies and automation, optimising supply chain operations to meet the dynamic needs of consumers. The implementation of the Goods and Services Tax (GST) has also played a crucial role, streamlining logistics and promoting the consolidation of warehousing operations. This, coupled with the rise of third-party logistics (3PL) providers, has further fueled the demand for sophisticated warehousing solutions. The increase in warehousing capacity is expected to enhance supply chain efficiency, reduce logistics costs, and improve the overall business climate in these cities. Additionally, this growth is anticipated to create job opportunities and stimulate economic activity in the regions. While the expansion presents lucrative opportunities for developers, investors, and logistics companies, the report underscores the importance of sustainable development practices. Ensuring that new warehousing infrastructure aligns with environmental and social considerations is crucial for long-term success. In summary, the expected 13-14% rise in warehousing space in India's major cities by FY2025 highlights the robust growth of the logistics sector. This expansion will play a pivotal role in supporting the country's economic development and meeting the increasing demands of various industries.

Next Story
Real Estate

Singapore's CapitaLand Plans Major India Expansion

CapitaLand Investment Limited (CLI), one of Singapore's largest real estate investment managers, has announced plans to significantly expand its investments in India. The company aims to more than double its India portfolio by 2028, signaling its confidence in the country?s burgeoning real estate market. Current Portfolio and Growth Target: CLI currently manages assets worth USD 3.3 billion in India. With its sights set on future growth, the company is targeting a dramatic increase in its India investment kitty to over USD 7 billion by 2028. This move comes as part of a broader strategy to ca..

Next Story
Infrastructure Transport

Air India MRO Facility Key Hub

Air India has launched a state-of-the-art Maintenance, Repair, and Overhaul (MRO) facility at Bengaluru Airport City, establishing a crucial hub for aircraft servicing in India?s burgeoning aviation sector. This new MRO facility aims to enhance Air India?s operational capabilities, improve turnaround times for aircraft maintenance, and reduce reliance on overseas servicing. Strategic Importance of Bengaluru: The facility, located at the Kempegowda International Airport (KIA) in Bengaluru, is strategically positioned to serve as a critical aviation hub. Bengaluru is a key center for both domest..

Next Story
Infrastructure Transport

BMC Notifies Properties for Water Tunnel

The Brihanmumbai Municipal Corporation (BMC) has initiated a crucial step in Mumbai's infrastructure development by notifying several properties for its ambitious underground water tunnel project. This project aims to bolster the city's water supply system, ensuring a more reliable and efficient distribution network. Project Overview: The underground water tunnel project is designed to address Mumbai's increasing demand for water by creating a robust network of tunnels deep below the surface. This tunnel system will transport water from reservoirs directly to various parts of the city, signif..

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