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

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..