India’s industrial and warehousing market started 2025 on a strong note, recording 9 million sq. ft. of leasing activity across the top eight cities in Q1 2025 (calendar year), marking a robust 15% year-on-year growth. Delhi NCR led the charge with over 3 million sq. ft. leased, contributing approximately 35% to the total demand, followed by Chennai with a 22% share, according to Industrial and Logistics Services, Colliers India. Across the top eight cities, the engineering sector drove demand this quarter, contributing to about 25% of the overall industrial and warehousing space uptake, followed by e-commerce with a 21% share. Both these sectors have surpassed the demand from Third Party Logistics (3PL) players, the usual frontrunner. While Chennai and Bengaluru saw strong traction from occupiers in the engineering space, demand from e-commerce players remained significant in Delhi-NCR and Mumbai, the report mentioned, as per a communique. Source: Exim News Service: Mumbai, April 28
Please visit www.ikargos.com for more information regarding international logistics.
