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Indian Warehouse Leasing Rises in 2024 With 8% YOY Growth
The Indian warehouse leasing market grew 8% in H1 2024. With Mumbai and Pune leading absorption rates, the industry has grown and faced hurdles. Ghar.tv offers 6 tips for understanding 2024 Indian warehouse leasing trends:
- 11th Sep 2024
- 1169 Views
Warehousing and Logistics Absorption Grows by 8 per cent in H1 2024, Boosted by USD 1 Billion plus Investment Surge
In H1 2024, total absorption in India's warehousing and logistics sector rose 8% from 2023. Vestian Research reported 16.6 million square feet of sector absorption in the first half of 2024. Compared to H2 2023, absorption fell 26%, mostly due to a 74% drop in the National Capital Region.
- 31st Aug 2024
- 1209 Views