Industrial Leasing Grows 13% to 18.3 Million Sq Ft

09 Jun 2026 CW Team

India’s industrial and warehousing real estate market recorded gross absorption of 18.3 million sq ft in Q1 2026, marking a 13 per cent year-on-year growth, according to JLL. Total industrial and warehousing stock stood at 514 million sq ft across eight major cities.

JLL projected that the market could reach around 850 million sq ft by 2030, reflecting a CAGR of 11.4 per cent. Growth is being supported by manufacturing expansion under production-linked incentive schemes, rising e-commerce demand and India’s growing role in global supply chain diversification.

Grade A industrial and warehousing space grew around 20 per cent year-on-year to 293 million sq ft, accounting for 57 per cent of total market stock. Yogesh Shevade, Managing Director and Head of Industrial & Logistics, India, JLL, said occupiers are increasingly adopting flexible real estate models such as lease-to-buy, built-to-suit leasing and development management to balance expansion with capital efficiency.

Manufacturing accounted for 28 per cent of Q1 demand, with gross absorption of 5.1 million sq ft. Engineering led manufacturing transactions with a 47 per cent share, followed by the auto and ancillaries segment at 32 per cent.

Warehousing remained the dominant category, contributing 72 per cent of gross absorption at 13.2 million sq ft. Demand was led by third-party logistics, followed by consumption-driven sectors such as e-commerce, FMCG, FMCD and retail.

Mumbai and Pune together accounted for 43 per cent of total absorption in Q1 2026, with Mumbai at 22 per cent and Pune at 21 per cent. NCR Delhi contributed 20 per cent, while Bengaluru and Chennai accounted for 13 per cent and 12 per cent, respectively."

Infrastructure Urban

09 Jun 2026

Cabinet Approves Two Year Scheme To Replace Old Trucks And Buses

The Union Cabinet, chaired by the Prime Minister, approved a two-year scheme to reduce air pollution in the Delhi–NCR region and promote cleaner mobility. The programme will be funded through the National Capital Region Planning Board under the Ministry of Housing and Urban Affairs and implemented by the Ministry of Road Transport and Highways and the Ministry of Petroleum and Natural Gas, with participating States and Union Territories of Delhi, Haryana, Rajasthan and Uttar Pradesh. The total financial outlay has been set at Rs 95.85 billion (bn), with the Central Government contributing Rs..

Bengaluru Suburban Rail And Metro To Share 500-Metre Corridor

Bengaluru suburban rail and the Metro will share a 500-metre corridor at Benniganahalli, a decision that planners say will reduce capital expenditure and urban disruption. The consolidation of alignments across the short stretch is intended to avoid duplication of elevated structures and station facilities while cutting land acquisition needs. Authorities put the maximum savings at Rs 1.69 bn (1,690 mn). The arrangement also aims to streamline construction interfaces between the two systems. The shared corridor will require coordinated design of track beds, piers and passenger access so that s..

DRDO And IAF Complete Successful RudraM-II Flight Tests

The Defence Research and Development Organisation (DRDO) and the Indian Air Force (IAF) have conducted successful flight tests of the RudraM-II air-to-surface missile from an airborne platform. The trials were carried out under extreme release conditions with a critical trajectory that established the capability of all subsystems. The series of releases tested the missile's guidance, seeker and propulsion elements in an operationally representative environment. The missiles, released from the aircraft, were guided to a predefined target with pinpoint accuracy and all test objectives were fully..