India's warehousing boom: Why it's just getting started
India's industrial and warehousing sector is on a roll, with demand expected to hit 30-40 million square feet every year by 2026.
What's behind it? More manufacturing, smarter distribution strategies, and investors betting big on logistics.
Recent industry reports show this space isn't slowing down anytime soon.
Leasing hits new highs
In the first three quarters of 2025 alone, leasing jumped to 26.5 million sq ft—an 11% rise from last year.
Total annual absorption reached a record-breaking 76.5 million sq ft across 24 major cities.
Delhi NCR, Bengaluru, and Hyderabad led the way thanks to strong infrastructure and being close to where people actually use stuff.
Big deals & new players
Deals over 100,000 sq ft made up nearly four out of 10 leases this year (up from last year), mostly driven by e-commerce, third-party logistics (3PL), and manufacturing companies.
With government initiatives like Make in India and Gati Shakti plus more action in smaller cities, expect even more growth—and bigger opportunities for anyone interested in how things move across the country.