Industrial & warehousing demand remains healthy with about 13 mn sq ft of leasing in H1 2024

Industrial and warehousing demand in major Indian cities soared in H1 2024, led by Chennai and Delhi NCR, as leasing grew by 17%. Third-party logistics dominated the market with significant deals from electronics and FMCG players. New warehousing facilities and technological advancements were highlighted to meet the increasing demand.