Category Archives: Warehousing

According to a report by JLL and Miebach Consulting titled, ‘Future of logistics, the demand for warehouse space is projected to reach approximately 1.2 billion sq. ft. by 2027 across Grade A, B & C warehouses across all Indian cities. This growth is not just about quantity, but quality as well. The report highlights a significant shift towards Grade A warehousing, with stock expected to grow to an impressive 400 million sq-ft by 2027 from 290 million sq-ft in 2023. E-commerce, Third-Party Logistics (3PL), and omni-channel retail are emerging as the primary drivers of this warehousing boom, particularly for high-quality Grade A spaces. However, the landscape of growth is changing. While major cities have traditionally dominated the warehousing sector, Tier II and III cities are now emerging as the next frontier. The report reveals a striking 41% increase in warehouse space absorption in Tier II plus markets from 2022 to 2023.

As part of the expansion of its warehousing infrastructure, Bobba Logistics is set to operationalize phase II with the establishment of 3,00,000 sq. ft of advanced warehousing, logistical and cargo-handling facilities. The project is being established near Devanahalli, Bengaluru. The total cost for the building of this infrastructure is projected to be around INR 100 crores. In 2023, the logistics giant established its 75,000 sq. ft phase I project at Sonnappanahalli, involving an investment of INR 30 crores. With this massive investment in warehousing infrastructure, Bobba Logistics aims to streamline the supply chain and serve a wide customer base.

In his insightful speech at the 2nd National Warehousing & Supply Chain Summit, Dr. Surendra Ahirwar, Joint Secretary, DPIIT, Ministry of Commerce & Industry, Govt. of India, said – “PM Gati Shakti National Master Plan and National Logistics Policy, combined, have brought the logistics and the infrastructure development planning to the fore. All the state governments have also come together to make planning more effective and of great quality which will also affect in a positive manner for the implementation process. So, you won’t be hearing, probably in the present and the near future, the delays in the project implementation. And this can be largely attributed to the the PM Gati Shakti transformative approach, using data, using information, using only objective means to take planning related decisions about logistics and warehousing infrastructure.”

KSH Infra announced its plans to invest around Rs 450 crores for the development of its first Industrial & Logistics (I&L) Park in southern India. This major project, located in Hosur, Tamil Nadu, strategically near the Karnataka border and Bangalore market, will cover approximately 50 acres and offer a development potential of 1.25 million square feet, setting a new benchmark in the region’s industrial infrastructure. Situated on the Hosur-Rayakottai Road, near the new Tata Electronics facility, the Hosur I&L Park is poised to become a landmark in the region’s industrial landscape. The project is expected to generate employment for over 1800 people and will attract substantial interest from industrial and warehousing clients seeking state-of-the-art infrastructure over the next 3-4 years. The Hosur project signifies KSH INFRA’s strategic expansion beyond its home base. The company has established a strong track record, having delivered approximately 4 million square feet of Grade A Industrial & Logistics (I&L) Parks in Pune. This achievement was supported by an investment of over INR 1,200 Crores in developing four Industrial & Logistics (I&L) Parks in Talegaon and Chakan (Maharashtra). “Logistics parks have become a crucial part of India’s real estateinfrastructure, providing businesses with cost savings and improved service quality. This project demonstrates KSH INFRA’s commitment to sustainable development, vision for growth and innovation in the Industrial & Logistics real estate sector,” said Rohit Hegde, Managing Director of KSH INFRA.  He further added, “Our strong financial position enables us to pursue new opportunities in Chennai, Bangalore, and Mumbai while leveraging our established presence in Pune. The advanced stage deals we are pursuing in these markets reflect our dedication to strategic growth and long-term success.” KSH INFRA’s journey is part …

LP Logiscience, the contract logistics and warehousing arm of the esteemed Liladhar Pasoo Group, expands its warehousing capabilities to Coimbatore, with a state-of-the-art Grade A warehouse. Strategically situated near Madukkarai in Coimbatore, the proposed warehouse spans an impressive 1.3 lakh sq. ft., offering a storage capacity of over 15,000 pallet positions. Situated just 1 km from the NH544 Bypass, this meticulously crafted location is strategically designed to cater to diverse industries, providing them with reliable, streamlined, and eco-friendly storage and logistics solutions. Coimbatore is rapidly emerging as a smart city and a major industrial and manufacturing hub, particularly in the automobile sector. The city is renowned for its robust infrastructure, skilled workforce, and business-friendly environment, attracting numerous national and international companies. As part of India’s Smart Cities Mission, Coimbatore is undergoing significant urban development and technological upgrades, making it an attractive destination for industrial growth. In line with these developments, LP Logiscience’s new facility is equipped to meet the growing demands of the smart city.  JLL India is the transaction partner for the e-warehousethat will be developed by NDR Space Pvt. Varun Gada, Director of LP Logiscience, stated, “We are thrilled to expand our presence in one of the most promising Tier 2 smart cities of the country. Strategically situated near Madukkarai in Coimbatore, this Grade A warehouse, with a capacity of 15,000 pallet positions, marks a significant milestone in our growth journey. This new facility exemplifies our commitment to integrating cutting-edge technology and sustainable operations in tier 2 towns, aligning perfectly with our business goals for the year. By establishing state-of-the-art warehouses like this, we aim to enhance our ability to provide top-notch warehousing solutions and logistics support to our …

BENZ Packaging, a leader in the packaging industry has inaugurated facilities in Chennai and the acquisition of prime land for a new manufacturing plant in Haryana. The Chennai plant, previously spanning 7,000 sq ft, has now expanded to an impressive 25,000 sq ft. This expansion is a testament to BENZ Packaging’s commitment to meeting the growing demands of its customers and enhancing its manufacturing capabilities.With this extension in area, the employment has also increased up to twice from 35 to 70 skilled workers.  The expanded facility bolsters the company’s ability to deliver innovative, high-quality packaging solutions across various sectors, including automobile, steel, defense, and food preservation. New Manufacturing Facility in Haryana In a monumental leap forward, BENZ Packaging has acquired 1.5 acres of prime land in Haryana for its upcoming manufacturing facility. This strategic move, accompanied by an investment exceeding Rs 50 crore, underscores BENZ Packaging’s dedication to innovation, growth, and community development. The new plant is designed to adhere to the highest industry standards and will serve as a hub for the company’s diverse product lines, including anti-corrosion, anti-humidity, handling, machinery packaging, wooden boxes, pallets, and stretch films. The Haryana facility is expected to create over 275 direct employment opportunities and generate more than 300 indirect work avenues, significantly contributing to the local economy. This expansion marks a strategic milestone in BENZ Packaging’s journey, enabling the company to enhance its capabilities and meet the increasing demand for its diverse product range.

The much awaited India Warehousing Show (IWS) begins today at Yashobhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi. The three day show, open till 13 July is one of the premier events in the warehousing, logistics, and supply chain industry, IWS continues to provide a comprehensive platform for showcasing cutting-edge technologies, fostering industry connections, and driving business growth. Organized by RX India, IWS continues to be a cornerstone event for warehousing, material handling, logistics, automation, and supply chain professionals bringing the entire industry together under one roof. The 13th edition of IWS shall feature  a special address by Shri Surendra Ahirwar, Joint Secretary Logistics & Trade, Ministry of Commerce & Industry, who will share his insights on the evolving logistics landscape in India. His address will highlight the government’s initiatives to enhance the efficiency and competitiveness of the sector, aligning with the theme “Streamlining Tomorrow: Transforming Supply Chains through Automation. Speaking about the event Mr. Umang Gupta , Country General Manager, RX India said “With the warehousing & logistics sector becoming increasingly critical to national economy, the industry needs to collaborate across the economic value chain and focus on technological advancements for business growth. Over the decade, India Warehousing Show has become the flagship event that brings together policy makers, technology companies & infrastructure customers, all under one roof. The 13th edition of IWS is focused towards the rapidly evolving policy & technology landscape and aims to connect all stakeholders vital to the next stage of warehousing & logistics.” With over 250 exhibitors, IWS aims to offer an immersive experience and platform where participants can witness the latest technological advancements and live product demonstrations from the biggest national and international companies providing …

According to ICRA’s latest reports, “Industrial and warehouse logistics park (IWLP) supply is estimated to grow 13-14% year-on-year at around 424 million square feet this fiscal in the eight primary markets, driven by strong demand.” The report stated, the absorption is likely to be 47 million square feet in FY25 as compared to 37 million square feet in the previous fiscal. The sector continues to witness a sustained demand from third-party logistics (3PL) and manufacturing sectors, which together accounted for around 65% of the total leased area as of March 2024 while the share of e-commerce stood at 15%. The growth projections are based on a sample set of ICRA’s rated-portfolio that includes 58 entities across 17 cities having total leasable area of around 34-million sq ft. It also said that among the eight primary markets, around 42 of the warehousing stock as of March 2024 was contributed by Mumbai and Delhi-NCR while the overall occupancy remained healthy at around 90%. The vacancy in the eight primary markets stood at 10% in FY24 and is likely to remain at a similar level in FY25, the report said.

Snowman Logistics has signed an agreement to acquire land and warehouse assets in Madhya Pradesh, says reports. The acquisition, valued at Rs 200 million, aims to strengthen Snowman’s infrastructure and operational capabilities in the region. The agreement includes the purchase of land and existing warehouse facilities, strategically located to enhance Snowman’s service network and efficiency in catering to the growing demand for temperature-controlled logistics solutions, it adds.  

Vivek Juneja, Founder & Managing Director, Varuna Group opines, “Inefficient Transportation Management remains a challenge. Selecting appropriate transport modes and optimising routes can be complex. Partnering with top logistics companies in India can help overcome these challenges by optimising routes, reducing transit times, and minimising costs. Advanced warehouse services and robust inventory management is essential but often lacking. Modern technologies like automated storage systems, barcode scanning, and warehouse management systems (WMS) can significantly enhance inventory tracking and order fulfilment. Managing inventory levels to meet customer demand without incurring excessive costs is challenging. Advanced inventory management software can automate processes, provide real-time data, and help businesses maintain optimal stock levels. Lack of visibility in the supply chain can lead to delays and inefficiencies. Using GPS, RFID, and IoT technologies, top logistics companies offer real-time updates on shipments, improving planning and customer satisfaction.”