Chennai Industrial & Logistics | Year-End 2023

Chennai Industrial & Logistics | Year-End 2023

Industrial and warehousing space absorption in Chennai stood at 4.5 million sq. ft. in 2023 against 3.7 million sq. ft in 2022. The 3PL and manufacturing sectors together contributed 73% of the total absorption in 2023. On the supply side, the market witnessed the addition of 5.5 million sq. ft. in 2023, bringing the operational stock to 36.9 million sq. ft. 

Stay updated with more trends and developments from the city in our report - Chennai Industrial & Logistics | Year-End 2023.

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