48% Q3 2024 rise in leasing activity in India's industrial & logistics sector, led by Delhi-NCR, Kolkata, and Hyderabad.

In Q3 2024, India's Industrial & Logistics sector saw a 48% rise in leasing activity, totaling 11.4 million sq. ft. The main contributors were Delhi-NCR, Kolkata, and Hyderabad, which represented 65% of the activity. Third-party logistics led with a 38% share, while domestic firms dominated leasing at 82%. Emerging cities like Chandigarh and Lucknow are expected to see further warehousing expansion as companies seek to optimize operations.

October 25, 2024
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