22/10/2023
The industrial and logistics sector is growing rapidly in India, driven by factors such as increased 3PL involvement, supply chain optimization, and rising consumer demand.
The growth is expected to continue in the second half of the year, with an estimated 32-36 million sq. ft. of space being taken up.
3PL players will continue to be the dominant players in the leasing market, while the e-commerce and retail sectors will also see strong demand.
The leasing market will see a preference for small-sized transactions in the near future.
