India Industrial & Logistics | Year-End 2022

Our latest report, India Industrial & Logistics | Year-End 2022, looks at the key trends seen across India’s industrial and logistics sector in 2022:  

A quick look at the highlights:

-India witnessed absorption of 46 mn sq. ft., including 36 mn sq. ft. from Tier I cities and 10 mn sq. ft. from Tier II & III cities. 

-The market saw fresh supply of 47 mn sq. ft., including 34 mn sq. ft. from Tier I cities and 13 mn sq. ft. from Tier II & III cities. 

-Tier II & Tier III cities together accounted for 22% of the total absorption witnessed in 2022. 

-Delhi-NCR accounted for 16% of absorption followed by Mumbai (14%) and Pune (13%). 

-The 3PL and e-commerce sectors accounted for 52% of total absorption, followed by the manufacturing sector at 16%.