A major challenge is conducting an operational assessment determining how much space you need to accomplish existing tasks and support sales growth, according to Dr Niranjan Hiranandani, Chairman & Managing Director, Hiranandani Communities & GreenBase. Then, how will space be best used? “The location of the proposed warehouse facility is likely to be a key driver of implementation and ongoing transport costs,” he responds. “Thus, speculation in land prices, last-mile infrastructure development and availability along with PEB vendors may have some impact; this needs a strategic approach for seamless flow of business in order to grow.”
Need to standardise building and design for warehouse development For faster and quality warehouses, the foremost need is a standardised building code for warehouses, where there will be a general accepted guiding principle for all warehouse developers. As Virwani shares: “Ninety per cent of this segment is unorganised. Freely available, substandard warehouses are hampering customers and their operations. A clearly defined building code will eliminate all confusion around minimum specifications to offer.
There will be a certain specified quality of infrastructure available. This will also benefit ease of building and design, and strongly support better infrastructure.”