’12 new industrial parks & corridors will boost demand for warehousing facilities’

Amrutesh Reddy, Director, NDR InvIT Managers says, “The Union Budget 2024-2025 presents a compelling landscape for the warehousing and InvIT sectors. We see significant potential in the government’s robust infrastructure allocation of ₹11.11 lakh crore as announced in the Interim budget. The announcement of 12 new industrial parks and the focus on industrial corridors are set to boost demand for modern warehousing facilities. The budget’s emphasis on e-commerce export hubs for MSMEs and initiatives for solar panels align perfectly with evolving market needs and sustainability goals for warehousing. These measures, coupled with the push for green transition and development of essential infrastructure, create a favourable environment for InvITs to thrive. We anticipate that the government’s commitment to infrastructure financing will drive growth in our sectors. As we navigate this dynamic landscape, NDR is well-positioned to capitalize on these opportunities, delivering value to our investors while contributing to India’s infrastructure development journey.”