The warehousing sector, which was mainly concentrated in tier I cities – especially the major eight metros, had started shifting to tier 2 locations after certain policy initiatives. “Due to interstate lockdown, supply chains of multiple sectors, both in production as well as stock piling have frozen,” says, Chandranath Dey, Head – Industrial Operations, JLL India.
“Restrictions on airfreight have also reduced movement of critical components of production for various industries globally. These restrictions have also limited transactions in the growth oriented e-commerce sector. Post lockdown, a change in consumer behaviour is expected towards e-commerce and e-payments. Urban logistics or in-city warehousing will gain traction due to higher penetration of groceries e-commerce,” he adds.