Warehousing and logistics will bounce back the fastest, but in what form?
The warehousing and logistics sector was in a good space before COVID-19. Conferring ‘infrastructure’ status to the logistics sector, pushing ‘Make in India’, developing multimodal transport networks, the initiatives to set-up the Delhi-Mumbai Industrial Corridor.
Warehousing space requirement for manufacturing sector expected to be 68 million sq m in 2019; estimated to reach 86 million sq m by 2024.
The Prime Minister Manmohan Singh has approved the commencement of preparatory work on creating an Amritsar-Delhi-Kolkata Industrial Corridor to give a boost to industrial development in the densely populated states of Northern India.
