2024 Outlook: 14% Growth in Logistics Leasing

29 Dec 2023 CW Team

The industrial and logistics sector in India is gearing up for substantial growth, with a projected 14% increase in leasing activities anticipated in 2024. This optimistic trajectory is indicative of a thriving market, driven by factors such as increased demand for warehousing, advancements in supply chain management, and the overall expansion of the manufacturing landscape. As businesses continue to evolve, the need for efficient storage and distribution solutions becomes paramount. The industrial and logistics sector, a crucial backbone of the economy, is set to play a pivotal role in meeting these demands. Companies are actively seeking strategic locations for warehouses, distribution centers, and industrial facilities to streamline their operations and enhance overall efficiency. The projected growth is not only a testament to the resilience of the sector but also a reflection of the broader economic trends. The rise of e-commerce, coupled with the increasing focus on Just-In-Time inventory management, has spurred demand for well-located and technologically advanced industrial spaces. This surge in demand is expected to drive leasing activities across key regions in the country. Key factors contributing to this anticipated growth include infrastructure development, favourable government policies, and a robust manufacturing sector. As industries continue to rebound from the challenges posed by the global economic landscape, the industrial and logistics sector is emerging as a key player in supporting and sustaining this recovery. In conclusion, the forecasted 14% growth in industrial and logistics leasing for 2024 underscores the sector's pivotal role in the economic landscape of India. With a focus on adaptability and innovation, businesses within the sector are well-positioned to capitalise on emerging opportunities, fostering a resilient and dynamic industrial ecosystem.

Infrastructure Energy

23 Oct 2025

GAIL to Set Up Bengaluru CBG Plant Under New Concession Pact

GAIL (India) Limited has signed a 20-year concession agreement with the Bengaluru City Municipal Corporation (BBMP) to set up a compressed biogas (CBG) plant in the city. The project, expected to produce around 10 tonnes of CBG daily, will utilise municipal solid waste as feedstock, contributing to clean energy generation and efficient waste management. The CBG produced will be used in GAIL’s City Gas Distribution network to promote cleaner fuel usage. The initiative aligns with the government’s Sustainable Alternative Towards Affordable Transportation (SATAT) scheme and GAIL’s broader ..

Uttarakhand HC Lifts 31-Year Ban on ONGC’s Contractual Hiring

The Uttarakhand High Court has lifted a 31-year-old ban on the Oil and Natural Gas Corporation (ONGC) from hiring contractual workers, a restriction imposed in 1993. The decision enables ONGC’s Dehradun establishment to employ personnel on a contractual basis to meet operational requirements. The long-standing prohibition had limited ONGC’s ability to fill vacancies in its technical and administrative departments, often leading to project delays and higher dependence on outsourcing. With the court’s directive, the public sector enterprise can now proceed with temporary recruitments whil..

JSW Energy’s Utkal Unit Bags 400 MW, 25-Year Power Supply Deal

JSW Energy Limited announced that its subsidiary, JSW Energy (Utkal) Limited, has secured a Letter of Award (LoA) from Karnataka’s Power Company of Karnataka Limited (PCKL) for the supply of 400 MW of electricity for 25 years. The agreement is part of a competitive bidding process for long-term procurement of power to meet the state’s growing energy demand. The 400 MW capacity will be supplied from JSW Energy’s upcoming thermal power project in Odisha. This development strengthens JSW Energy’s presence in the southern market and aligns with its strategy to enhance long-term contracte..