Surat Leads Warehousing Growth as Reliance, Whirlpool and More Expand

17 Mar 2025 CW Team

Surat recorded the highest year-on-year growth in warehousing transactions in India, driven by key deals involving Reliance Retail, Whirlpool, Waaree Energies, Goldi Solar, and Kohler India. According to Knight Frank India's latest report, Surat added 1.6 million square feet of warehousing space in 2024, marking a 98% increase from the previous year.

Collectively, Ahmedabad, Surat, Vadodara, and Vapi registered 8.26 million square feet in transactions during 2024, reflecting a 27% year-on-year growth from 6.52 million square feet in 2023. In comparison, Mumbai recorded 10.3 million square feet (17% growth), NCR remained stagnant at 9.2 million square feet, Pune saw a marginal 1% rise to 8.6 million square feet, while Bangalore (6.6 million sq ft), Kolkata (6.5 million sq ft), and Chennai (5.8 million sq ft) grew at 27%, 28%, and 29%, respectively.

Ahmedabad remained Gujarat’s top warehousing hub with 5.8 million square feet in transactions, reflecting a 25% year-on-year increase. Major firms, including Coca-Cola, Nestle India, Voltas Ltd, and Toyota Tsusho India Pvt Ltd, secured warehousing spaces in Ahmedabad. The manufacturing sector, excluding FMCG and FMCD, accounted for 49% of Ahmedabad’s transactions and 72% of Surat’s.

In Surat, most warehousing transactions took place in the Kosamba-Palsana cluster, located near the National Highway, while Ahmedabad’s warehousing activity was spread across Changodar-Bagodra, Sanand-Viramgam, Aslali-Kheda, and Vithalapur-Becharaji clusters.

(Business Line)

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..