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 …
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Source: The Loadstar