Indian Warehousing & Logistics Sector 17% Y-o-Y Growth - Realty Plus Magazine

The Indian warehousing and logistics sector has seen significant growth in the first half of 2023, with a 17% year-on-year increase in absorption. NCR and western cities like Mumbai and Pune have experienced high demand for warehousing facilities. However, Bengaluru and Hyderabad have seen a drop in demand due to limited supply. The warehousing sector is focusing on vertical stacking and in-city warehousing to improve efficiency and reduce costs. The emergence of tier-2 cities as warehousing hubs and the use of AI and ML technologies are expected to shape the future of the sector.

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