Warehousing leasing hits 16.7 million sq ft, driven by manufacturing

09 May 2025 CW Team

India’s warehousing sector witnessed robust growth in Q1 2025, with total leasing activity across the top eight markets touching 16.7 million sq ft—a fifty per cent year-on-year rise, according to a report by Knight Frank India. The manufacturing sector largely led the surge, which saw a ninety-four per cent jump in leasing volumes, accounting for 8 million sq ft or 48 per cent of total demand.

E-commerce players recorded a one hundred fifty-one per cent YoY increase in space uptake, marking a revival in expansion plans. Leasing by 3PL firms rose twelve per cent YoY but their share dropped to 23 per cent, reflecting changing market dynamics.

Mumbai emerged as the top performer with 4.4 million sq ft of leasing, or 27 per cent of total volumes, followed by Pune, Chennai, and NCR. Chennai and Hyderabad posted the highest YoY growth at 154 per cent and 137 per cent, respectively.

Grade A warehousing remained dominant, making up 59 per cent of total transactions and 65 per cent of the new 9.6 million sq ft supply. Occupiers increasingly preferred facilities with high efficiency, ESG compliance, and automation readiness.

India’s total warehousing stock stands at 495 million sq ft. Mumbai accounts for 31 per cent, while NCR follows with 22 per cent. Vacancy levels remained healthy at 11.3 per cent in Q1 2025, with Grade A spaces recording slightly higher vacancies due to strong development interest.

Photo: Knight Frank India

Infrastructure Urban

07 May 2026

Vedanta Reports Record Profit in FY26

Vedanta reported its best-ever financial performance in FY26, with profit after tax of Rs 250.96 billion and revenue of Rs 1.74 trillion, supported by operational excellence across businesses. The company delivered nearly 50 per cent total shareholder return and declared a dividend of Rs 34 per share.Vedanta said its net debt-to-EBITDA improved to 0.95x, strengthening financial flexibility. Its demerger, effective 1 May 2026, is aimed at unlocking value by creating focused businesses across aluminium, oil and gas, power, iron and steel, zinc, copper, nickel and ferro alloys.Vedanta Aluminium p..

KEC Wins Orders Worth Rs 10.02 Billion

KEC International, an RPG Group company and global infrastructure EPC major, has secured new orders worth Rs 10.02 billion across its key businesses.In Transmission and Distribution, the company has won orders for projects in India and the Americas. These include ±500 kV HVDC transmission lines from a private developer in Western India, 132 kV cabling works from a steel producer in Eastern India, and the supply of towers, hardware and poles in the Americas.The renewables business has secured an order for a 100+ MW wind project in Southern India from a private developer. In transportation, KEC..

Hindustan Zinc Opens Cath Lab in Udaipur

Hindustan Zinc recently inaugurated a state-of-the-art Cardiac Catheterisation Laboratory at Rabindranath Tagore Hospital, Udaipur. The facility was inaugurated by Gulab Chand Kataria, Governor of Punjab and Administrator of Chandigarh, in the presence of local MLAs, RNT Hospital leadership and senior Hindustan Zinc officials.The Cath Lab follows an MoU signed earlier between Hindustan Zinc and RNT Hospital for the redevelopment and upgradation of the hospital into a future-ready, multi-speciality healthcare facility. Equipped with advanced cardiac technology, it will support minimally invasiv..