Whalesbook
Toh hua kya hai, ki India ka industrial aur warehousing sector 2026 ki shuruaat mein 4 saal ka sabse best quarter ban gaya hai. Poora 11 million sq ft area lease ho gaya, jo pichle saal ke Q1 se 22% zyada hai. Isme sabse aage Delhi NCR raha, jahan 28% leasing hui, aur Chennai bhi peeche nahi raha (21%). Hyderabad aur Bengaluru mein bhi 2 se 3 guna zyada Grade A space book hua hai.
Toh is boom ke peeche sabse bada haath hai Third-Party Logistics (3PL) providers ka. Unhone lagbhag 3.5 million square feet space liya, matlab total ka 33% hissa! Aur ye numbers pichle Q1 se 80% upar hain. E-commerce aur automobile sectors ne milkar bhi lagbhag 32% demand poori ki. E-commerce ne akela 4.7 million square feet lease kiya, matlab pichle saal se double! Ye sab 'Make in India' aur PLI jaisi government schemes ke support se ho raha hai.
Agar poore full year 2025 ki baat karein, toh India warehousing sector ne 72.5 million square feet ka record lease kiya, jo pichle saal se 29% zyada hai. Yahan bhi manufacturing companies sabse aage thin, unhone 47% space liya.
Lekin ab scene thoda change ho raha hai. Ye jo quick commerce ka trend aaya hai na, isne warehousing ki zarooraton ko hi badal diya hai. Ab bade, sheher se door wale warehouses ki jagah sheher ke andar hi chote-chote fulfillment centers aur 'dark stores' chahiye. Quick commerce ka market abhi USD 5.3 billion ka hai aur 2034 tak ye USD 134.1 billion tak pahunch jayega! Iska matlab ye hai ki bade warehouses ki demand aur sheher ke andar chote warehouses ki demand mein difference aa raha hai. Phir bhi log Grade A quality wale spaces ko prefer kar rahe hain, jo 2025 mein 63% leasing mein the.
Government ki policies jaise National Logistics Policy (NLP) bhi bahut help kar rahi hai. Iska target hai logistics costs ko GDP ke ~16% se kam karke 8% tak lana 2030 tak. Isse market stable rehne mein help milegi.
Par yahan ek interesting baat hai. Itni zabardast demand hone ke baad bhi, developers naya supply badhane mein thoda hi hesitate kar rahe hain. Unhe global market mein chal rahi gadbadi aur supply chain mein rukavaton ki chinta hai. Upar se sheheron mein zameen ke daam bhi badh rahe hain aur global interest rates bhi upar jaa rahe hain. Ye sab factors naye projects ko mushkil bana rahe hain.
Par overall, aage ka outlook kaafi achha lag raha hai. Analysts ko lagta hai ki ye growth 2025 ke baad bhi chalti rahegi. Warehousing rentals bhi 2026 mein badhne ki ummeed hai. Projections batati hain ki market 2022 se 2027 tak ~15% ke CAGR se badhega aur 2034 tak Indian warehouse market INR 3.37 trillion ka ho jayega. Tier-II aur Tier-III cities mein e-commerce aur supply chain mein tech ka use badhne se iski growth aur tez hogi.