India Industrial & Logistics | H1 2023

Our latest report, India Industrial & Logistics | H1 2023, is now available for download and makes note of key trends across India’s industrial and logistics sector.   

A quick look at the highlights:

-India witnessed absorption of 22.4 mn sq. ft. and new supply of 27.4 mn sq. ft. in H1 2023. 

-The 3PL sector accounted for 44% of total absorption in H1 2023 followed by manufacturing at 22% and retail at 13%. 

-Mumbai MMR accounted for 18% of absorption followed by NCR (14%), Pune (10%). Bengaluru and Chennai were at 9% each. 

-Land transactions continued to garner attention with an excess of 1,500 acres being exchanged ownerships for manufacturing and warehousing across India. 

Interested in reading more? Download the report now!