India Industrial & Logistics | H1 2024
Our latest report, India Industrial & Logistics Market Watch | H1 2024, is available for download and makes note of key trends across India’s industrial and logistics sector in H1 2024:
Key highlights:
-The industrial and warehousing sector witnessed absorption of 27.3 mn sq. ft. in H1 2024, a 21.9% YOY increase.
-Supply addition of 28.2 mn sq. ft. was witnessed in H1 2024.
-Grade-A space accounted for 49% of supply and 39% of absorption.
-The 3PL segment accounted for 33% of total absorption, followed by manufacturing at 22%.
-Delhi-NCR witnessed the highest absorption in H1 2024 at 20% followed by Pune at 12% and Bengaluru at 11%.
Interested in reading more? Download the report now!