Welspun One tailored Grade-A warehouses elevating industry expectations
Anshul Singhal, Managing Director, Welspun One
Challenges confronting Grade-A Warehousing in Tier-2 & 3 cities
The demand for Grade-A warehousing has been relatively limited in Tier-2 and Tier-3 cities, and rentals of Grade-A warehouses remained opportunistic. Factors such as increased urbanization also reduced the availability of commercial and industrial land around India’s urban and even pre-urban centers. This is further worsened by social difficulties in acquiring land due to pushback from certain sectors of the local unorganized economy. There are multiple challenges for licensing and getting permissions from competent authorities, and these also vary across various states and union territories. Multiple renewals are required annually from different government agencies and bodies, which again are also different for respective states and prove to be yet another barrier. Without a national digital repository and the lack of a national ‘single window’ system, managing data and processes is also another major challenge for various inter-state and intra-state warehousing organizations, causing additional friction in this sector. Labour is, and continues to be, a consistent problem in the warehousing sector, due to both regulatory challenges and lack of quality manpower.
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LIFTING & SPECIALIZED TRANSPORT, NOVEMBER u2013 DECEMBER 2023
