According to Vestian’s report, the Indian warehousing and logistics sector received investments worth $1.96 billion in 2024, accounting for 29 per cent of the total institutional investment garnered in the real estate sector last year. The investment inflows surged to 203 per cent year-on-year in the sector, driven by the growing demand for warehouses amid the rapid expansion of the quick commerce sector. As a result, this surge in demand resulted in a record absorption of 44.9 million square feet (sq ft) in 2024, marking a 19 per cent increase over the previous year. Notably, the second half of 2024 alone witnessed 28.3 million sq ft of absorption, a 70 per cent jump compared to H1 2024 — the highest ever recorded in a single calendar year. “India’s position as a key logistics hub is set to strengthen on the back of positive investor sentiments, announcements in the Union Budget 2025-26, and robust domestic demand,” said Shrinivas Rao, FRICS, CEO, Vestian. The government’s continued focus on mega infrastructure projects is expected to further propel growth in the sector. Majority of the absorption in 2024 was concentrated in third-party logistics (3PL) companies, accounting for 33 per cent of the pan-India absorption. The share of engineering and manufacturing sector increased from 18 per cent in 2023 to 24 per cent in 2024, propelled by various government initiatives such as production-linked incentive (PLI) scheme and ‘Make in India’ campaign. Mumbai reported the highest absorption of 18.6 million sq ft in 2024 as it grew by 82 per cent compared to the previous year.
Read More »CONCOR, Teri ink pact to boost green logistics operations
Container Corporation of India Ltd (CONCOR) has joined forces with The Energy and Resources Institute (TERI) to drive advancements in sustainable logistics. The two organisations signed MoU to establish the CONCOR-TERI Centre of Excellence for Green and Sustainable Logistics. The initiative aligns with India’s environmental and economic sustainability goals and marks a significant step toward reducing the environmental impact of logistics operations. The partnership was formalised during the World Sustainable Development Summit (WSDS) 2025 at the India Habitat Centre in New Delhi. By combining CONCOR’s expertise in logistics with TERI’s research in sustainability, the centre aims to pioneer innovative solutions for green logistics management. This collaboration underscores India’s commitment to environmentally responsible supply chain practices.
Read More »Prozo opens two fulfilment centres in Hyderabad
Prozo has launched two new fulfilment centers in Hyderabad, expanding its presence in South India. The new facilities include a multi-client warehouse spanning 17,000 sq. ft. and a client-dedicated space covering 65,000 sq. ft., both strategically positioned to serve a broad customer base across the e-commerce, retail, and enterprise sectors. With this expansion, Prozo now operates 10 fulfilment centers in the state of Telangana. The new FCs are built with enterprise-grade features, including robust fire safety compliance that ensures the highest safety standards for your operations. Equipped with integrated warehouse management systems, these FCs deliver real‑time insights, empowering clients to monitor and manage their inventory with precision. Ashvini Jakhar, Founder and CEO, Prozo, said, “Hyderabad is a significant market for us, given its strategic location and thriving business ecosystem. These facilities are equipped with advanced technology and tailored to support businesses in achieving their supply chain goals efficiently and cost-effectively.”
Read More »Warehousing stock in tier-II, tier-III cities reach 100 Mn sq. ft in 2024
India’s total warehousing stock surpassed the 533 Mn sq.ft mark in 2024, according to a report from real estate services firm, JLL. The annual growth was majorly driven by the leasing of warehousing spaces in Tier II and Tier cities, which have emerged as key warehousing hubs in 2024. Tier II and Tier III cities contributed 100 million sq. ft (approx.) to the total warehousing stock (18.7 per cent of the total stock), the report added. Since 2017, the warehousing stock for the Tier II and Tier III cities has surged four-fold, which has resulted in the record numbers.
Read More »NDR InvIT acquires warehousing assets worth Rs 706 Cr
NDR InvIT Trust has completed the acquisition of Grade-A industrial and warehousing portfolio spread across the markets of Surat, Hyderabad, Bengaluru, and Pune. This strategic acquisition adds 2.01 million square feet of fully operational, high-quality assets to NDR InvIT’s growing portfolio, demonstrating the firm’s commitment to creating a scalable infrastructure footprint. The acquisition, valued at INR 706.1 Cr, is expected to deliver robust returns and includes properties with 100% occupancy, marquee tenants, and a weighted average lease expiry (WALE) of 15.4 years. The acquired warehousing portfolio, spreading across 2.01 MSF, include facilities in Surat (0.90 MSF), Hyderabad (0.40 MSF), Bengaluru (0.33 MSF), and Pune (0.39 MSF). “This acquisition marks a significant step in strengthening our portfolio. These strategic investments reaffirm our commitment to advancing the warehousing and industrial sectors while delivering long-term stable returns to our stakeholders. By expanding into key markets such as Surat and Hyderabad, we are well-positioned to address the rising demand for world-class industrial and logistics infrastructure,” Amrutesh Reddy, Director, NDR InvIT Managers, said.
Read More »Allcargo Terminals extends partnership with CWC Mundra
Allcargo Terminals has renewed its subsidiary Speedy Multimodes’ partnership with Central Warehousing Corporation (CWC) Mundra. This renewal, secured through a six-year agreement with CWC, ensures the continuation of services at Container Freight Station (CFS) in Mundra. As one of two strategically located facilities operated by Allcargo Terminals in Mundra, it is well-equipped to provide flexible solutions and the required capacity to meet the rapidly growing EXIM trade demands at this key port. The CFS has an annual cargo-handling capacity of 1,80,000 TEUs. Located 7 km from the Port, the Mundra CFS offers a host of services including export handling, hazardous and specialized cargo handling, bonded and non-bonded warehouse, reefer monitoring service, direct port delivery, ISO Tank and first and last mile delivery. “Being the widest and largest CFS operator in India, we bring the finest CFS services to the exim trade at the Mundra Port. The renewal of the contract with CWC ensures that users will continue to avail our comprehensive services at our Mundra CFS,” Ashish Chandna, Chief Executive Officer, Allcargo Terminals said.
Read More »Logistics Parks India to launch 2 lakh sq.ft facility in Nagpur
Logistics Park, India has announced the launch of its Grade-A warehousing facility in Nagpur. The facility spans around 2 lakh sq. ft, and will prominently serve industries like pharmaceuticals, automotive, FMCG and FMCD. This new facility has enhanced the total footprint of Logistics Park, India to 2.5 million sq. ft. The Grade-A warehousing facility features state-of-the art infrastructure including ridge ventilation, LED lighting & vertical skylights and FM2 flooring. For enhanced operational efficiency, the facility will feature top-notch material handling equipment, dedicated parking areas and driver lounges, 15 ft canopy-covered docks for efficiency, and 200 KVA DG Set for uninterrupted power supply. The facility boasts of highly advanced security measures along with sustainable practices to reduce carbon footprint.
Read More »KSH launches 15,000 sq. ft facility in VKI, Jaipur
KSH Integrated Logistics has expanded its footprint in Jaipur with the launch of a new 15,000 sq. ft. multiclient warehousing facility in the Vishwakarma Industrial Area (VKI). The facility is designed to address the growing demand for shared and compliant warehousing solutions, supporting businesses from diverse sectors including FMCG, consumer durables, automotive, engineering, and office products. The new warehouse is equipped with cutting-edge features to enhance operational efficiency and customer satisfaction. The site offers scalable, flexible, and plug-and-play solutions, with a robust Warehouse Management System (WMS) in place to streamline operations. Additionally, on key features and compliance standards, the newly established facility prioritizes safety and compliance, adhering to local regulations. “The launch of our new multiclient warehousing facility in Jaipur marks another significant milestone in our journey to empower businesses with flexible and efficient logistics solutions. This facility reflects our commitment to meeting the unique needs of our customers across diverse sectors, while maintaining the highest standards of safety, compliance, and innovation,” Vinay Patil, VP – Business Development, KSH Integrated Logistics said.
Read More »Blackstone Group acquires 5 Mn sq. ft space from Logos India
Blackstone Group, a US-based firm has taken possession of close to 5 million square feet of warehousing area from LOGOS India. Reportedly, the deal has been finalised for a total amount of 1725 Crore. Following this acquisition, Blackstone is now the largest logistics asset-holder in India with a massive 55 million sq ft of warehousing assets. The deal involves acquisition of operational assets in Chennai and Haryana. Previously, Blackstone Group was emerging as the leading bidder in the race for the acquisition of the LOGOS India’s assets, facing tough competition from Singapore’s wealth fund GIC and Japanese conglomerate Mitsui OSK Lines.
Read More »dnata set to establish 57,000 sq. m facility in Dubai South
dnata has broken ground on a new 57,000 sq. m warehousing facility in Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate. Strategically located near Dubai World Central – Al Maktoum International Airport (DWC), the expansion represents an investment of AED 100 million (US$ 27 million). The groundbreaking ceremony was attended by HE Khalifa Al Zaffin, Executive Chairman of Dubai Aviation City Corporation and Dubai South, and Steve Allen, CEO of dnata, in the presence of senior executives from both entities. Construction of the warehouse is underway, with completion scheduled for November 2025. Including its newest facility, dnata Logistics will offer world-class services from 11 locations in the UAE. “We are thrilled to break ground on this new, advanced facility, which represents a pivotal investment in our future growth. As we expand our product offerings and reach new markets, this warehouse will allow us to provide even better services to our customers, while staying at the forefront of operational innovation. Our commitment to sustainability is central to this project. From energy efficiency to waste reduction, every aspect of the warehouse has been designed with environmental efficiency in mind. The facility’s innovative features will help us grow responsibly, making a positive impact on the communities we serve,” Sean Bradley, Managing Director of dnata Logistics, said.
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