E-commerce growth drives warehouse demand in India over supply for the first time

Warehousing demand in India has overtaken supply for the first time in four years, with e-commerce and global consumer goods companies driving much of the growth. 
According to a new report by property developer Jones Lang LaSalle (JLL), last year India’s total stock of Grade A and B warehousing space increased 22% year on year to 169 million sq ft. 
“Last year saw India’s warehousing sector come of age, outshining some of the conventional real estate …

The post E-commerce growth drives warehouse demand in India over supply for the first time appeared first on The Loadstar.

Source: The Loadstar

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