India's warehousing stock reaches 533.1 mn sq ft in 2024: JLL
India's warehousing industry is undergoing a significant transformation, global real estate services firm JLL said. The country’s total warehousing stock reached 533.1 million sq ft last year, with emerging tier-II and -III cities contributing approximately 100 million sq ft—a four-fold increase since 2017. This shift signifies a fundamental change in the country's logistics landscape, it noted.
India's warehousing industry is undergoing a significant transformation, global real estate services firm JLL said.
The country’s total warehousing stock reached 533.1 million sq ft last year, with emerging tier-II and -III cities contributing approximately 100 million sq ft—a four-fold increase since 2017.
This shift signifies a fundamental change in the country's logistics landscape, it noted.
