High-intensity focus on making India a global manufacturing hub has caused warehousing clusters to expand rapidly beyond the top cities and into tier 2 and 3 cities, reveals ‘Indian Industrial & Logistics – Gearing Up a Global Manufacturing Hub’ – a joint report by US-based Binswanger Commercial Real Estate Services and ANAROCK Group.
~50% (3PL)Largest occupier of warehousing spaces in India
66%Share of road transportation in India’s logistics
77 Mn sfTotal warehousing stock across top 8 cities in India
14% of GDPIndia’s logistics cost (better than China 15% of GDP)
15 approvals (2019)Reduction from 33 to set up a warehouse in 2015
3.5 months (2019)Reduction from 6 months to construct a warehouse in 2015
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Lifting & Specialized Transport October-December 2020