Industrial and warehousing absorption up 6% at 46.3 mn sq ft in 2022: Report1 min read . Updated: 03 Jan 2023, 05:50 PM IST
The rapidly expanding and highly competitive e-commerce market has fuelled the growth of industrial, logistics and warehousing since the last two years. The industrial & logistics sector is likely to see absorption of 40+ mn sq. ft in 2023
New Delhi: The absorption of industrial and warehousing space rose 6% to 46.3 million square feet (msf) in 2022, which includes over 36 msf from tier-one cities and over 10 msf from tiers-two and three cities, according to a report by real estate firm Savills India.
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