Industrial And Warehousing Demand In India Up 15 Per Cent In Q1 2025

Bengaluru: Industrial and warehousing call for around the most sensible 8 towns in India remained tough at 9 million sq. ft (squareft) in Q1 2025 with 15 in line with cent annual enlargement, a record confirmed on Wednesday. Delhi-NCR and Chennai led the call for, cumulatively accounting for round 57 in line with cent of the total leasing in Q1. The call for for Grade A business & warehousing area was once specifically spectacular in Delhi-NCR, in step with a Colliers record.

Across the highest 8 towns, engineering sector drove call for this quarter, contributing to about 25 in line with cent of the total business and warehousing area uptake, adopted by way of e-commerce with 21 in line with cent percentage.

Both those sectors have surpassed the call for from Third Party Logistics (3PL) gamers, the standard frontrunner. While Chennai and Bengaluru noticed robust traction from occupiers within the engineering area, call for from e-commerce gamers remained vital in Delhi-NCR and Mumbai, the record discussed.

“Automobile players also picked up significant Grade A industrial and warehousing space at 1.3 million sq ft. These are healthy signs of overall growth, reflecting broad-based demand which aligns with domestic macro-economic indicators,” mentioned Vijay Ganesh, Managing Director, Industrial and Logistics Services, Colliers India.

Engineering and e-commerce gamers drove the majority of leasing all through the quarter, in combination accounting for roughly 46 in line with cent of the call for. With about 2.2 million squareft of leasing, engineering corporations on my own accounted for roughly one-fourth of the Grade A business and warehousing call for in Q1 2025. The sector noticed over 2 occasions occasions enlargement in leasing job on an annual foundation, led by way of tough call for in Chennai and Bengaluru.

E-commerce additionally noticed just about 2 million squareft of leasing, led by way of Delhi-NCR and Mumbai, mentioned the record. During Q1 2025, massive offers (above 200,000 squareft) accounted for 48 in line with cent of the call for at 4.3 million squareft. These better offers had been pushed by way of e-commerce corporations, adopted by way of engineering and car corporations.

The first quarter of 2025 noticed new provide to the track of 9.4 million squareft, a 16 in line with cent annual upward thrust. New provide was once nearly in keeping with the robust leasing job all through the quarter, indicating progressed developer self assurance within the business and warehousing marketplace, mentioned the record.