The Indian warehousing sector is witnessing unprecedented growth, driven by rising demand, shifting occupier dynamics, and robust investment flows. Between January and September 2024, the industry recorded significant milestones, underscoring its vital role in the nation’s logistics infrastructure.
At Glottis Limited, we align with these emerging trends, offering customized warehousing and logistics solutions across India to cater to this evolving market.
Key Highlights in Warehousing Sector (2024)
| Key Metric | Details |
|---|---|
| Total Leasing (Jan–Sep 2024) | 37.5 million sq ft (4% YoY growth) |
| Q3CY24 Leasing Transactions | 14.6 million sq ft (20% YoY increase) |
| Occupier Segments | – Manufacturing: 37% of volumes – E-commerce: 35% growth – Retail: 34% growth |
| Grade A Warehouse Transactions | 41% of transactions; projected to capture 60-70% of demand with <5% vacancy rate |
| Rental Growth | Average rise of 2.5% in Q3CY24; Pune and Ahmedabad saw the highest increases at 4% |
| Investment Surge | $1.7 billion in H1CY24 (388% YoY increase) |
| Future Market Projections | – E-commerce: $325 billion by 2030 (CAGR: 21%) – Q-commerce: $40 billion by 2030 (CAGR: 45%) |
| Challenges | Sustainability, high land costs, labor issues, complex regulations, and demand-supply mismatches |
| Vacancy Levels | 10.3% as of Q3CY24 |
Why This Matters for Businesses
The warehousing sector’s robust growth is a testament to its critical importance in supporting India’s expanding logistics ecosystem. Trends such as the increasing adoption of Grade A facilities, diversification of occupiers, and rising rental rates signal both opportunities and challenges for businesses.
Glottis Limited: Your Strategic Partner
At Glottis Limited, we are equipped to address the nation’s warehousing demands with our state-of-the-art facilities and expertise. Here’s how we can support your operations:
- Custom Warehousing Solutions: Strategically located warehouses with advanced infrastructure to meet diverse storage needs.
- End-to-End Logistics Support: Comprehensive services that include transportation, warehousing, and last-mile delivery.
- Sustainability Initiatives: Solutions designed with sustainability in mind, aligning with global environmental standards.
Looking Ahead
The future of India’s warehousing sector is promising but demands agility and innovation. With the e-commerce and q-commerce markets projected to grow exponentially, businesses need to leverage strategic partners like Glottis Limited to stay competitive and efficient.
For any warehousing and logistics requirements, reach out to Glottis Limited—your trusted partner in navigating the complexities of India’s dynamic logistics landscape.
Glottis Limited 
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