Surges Past 50 Million Sq Ft: Logistics and Industrial Leasing Booms in the Last Two Years

The data, revealed in recent reports, showcases a substantial increase in demand for warehouse and industrial spaces. This surge is indicative of a thriving market driven by factors such as e-commerce expansion, increased manufacturing activities, and a growing emphasis on efficient supply chain management. In a testament to the evolving business ecosystem, companies are actively seeking large-scale logistics and industrial spaces to accommodate their operational needs. The trend is not only a reflection of the current economic climate but also a strategic response to the changing dynamics of consumer behaviour and market demands. This milestone in logistics and industrial leasing underlines the pivotal role these sectors play in driving economic development. As businesses continue to adapt to new paradigms, the demand for well-equipped and strategically located logistics and industrial spaces is expected to persist, further fueling the growth of this dynamic segment in the Indian real estate landscape.