Foreign investments galore in India’s warehousing market

01 Jun 2019 CW Team

Foreign investors are entering the sector through investment platforms with the mandate of investing in industrial warehousing parks across the major cities of the country, says the ICRA report. Often, this is done by partnering with a local developer or, in some cases, a global warehousing operator. Notably, the total amount of equity commitments to such platforms is at least $ 2.5 billion over the past two years. Such investment commitments can support assets under management of over 130 million sq ft, according to ICRA estimates. This is almost double the size of the current estimated stock of Grade-A industrial warehousing in India and about 10 times the operational portfolio of such platforms currently.

Marquee Warehousing Platform Deals

Investor	Investee	Investment (US $ million)	Year
CPPIB**	IndoSpace	1,300	2017
Ascendas	Firstspace	600	2017
Macquire + Ivanhoe’	Logos + Assetz	400	2017
GLP	Everstone	500	2018
Allianz	ESR	1,000	2018
GLP	Indospace	700	2018
Temasek Holding	Ascendas Firstspace	300	2018
Morgan Stanley	KSH	50	2019

Source: JLL India
**3 stage deals totalling $1.3 bn with $500 mn invested in JV IndoSpace Core, $700 mn for buying additional industrial and logistics parks and an additional $100 mn investment in IndoSpace Fund III
*Some of the deals are commitments for investment and the funds may be deployed over a period in tranches. The deal details has been collected from media sources and JLL has not verified specific components.

Investment plans in emerging locations

Company	New logistics centres	Investment (in $ million)	Type of cities
Infibeam	75	5.8	NA
Flipkart	100	500	Tier-II cities
Amazon	7	110	Tier-II and Tier-III cities
Snapdeal (Vulcan)	80	23.8	80 cities across India
Connect India	NA	5	Under-served regions

Source: Knight Frank Research

SERAPHINA D’SOUZA

Many large international players are now actively seeking entry points in the India warehousing market. “The liquidity infusion by global investors is prompting the market to develop more Grade-A warehousing space,” says Chandranath Dey, Senior Director and Head - Industrial Consulting and Supply Chain Consulting, JLL India. “Increased capital will ensure more quality space is being built to fulfil the demand for warehouses near emerging urban areas across the country.” Foreign investors are entering the sector through investment platforms with the mandate of investing in industrial warehousing parks across the major cities of the country, says the ICRA report. Often, this is done by partnering with a local developer or, in some cases, a global warehousing operator. Notably, the total amount of equity commitments to such platforms is at least $ 2.5 billion over the past two years. Such investment commitments can support assets under management of over 130 million sq ft, according to ICRA estimates. This is almost double the size of the current estimated stock of Grade-A industrial warehousing in India and about 10 times the operational portfolio of such platforms currently.Marquee Warehousing Platform Deals Investor Investee Investment (US $ million) Year CPPIB** IndoSpace 1,300 2017 Ascendas Firstspace 600 2017 Macquire + Ivanhoe’ Logos + Assetz 400 2017 GLP Everstone 500 2018 Allianz ESR 1,000 2018 GLP Indospace 700 2018 Temasek Holding Ascendas Firstspace 300 2018 Morgan Stanley KSH 50 2019 Source: JLL India **3 stage deals totalling $1.3 bn with $500 mn invested in JV IndoSpace Core, $700 mn for buying additional industrial and logistics parks and an additional $100 mn investment in IndoSpace Fund III *Some of the deals are commitments for investment and the funds may be deployed over a period in tranches. The deal details has been collected from media sources and JLL has not verified specific components.Investment plans in emerging locations Company New logistics centres Investment (in $ million) Type of cities Infibeam 75 5.8 NA Flipkart 100 500 Tier-II cities Amazon 7 110 Tier-II and Tier-III cities Snapdeal (Vulcan) 80 23.8 80 cities across India Connect India NA 5 Under-served regions Source: Knight Frank ResearchSERAPHINA D’SOUZA

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

Real Estate

29 Jul 2026

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Equipment

29 Jul 2026

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..