News / E-commerce growth drives warehouse demand in India over supply for the first time

© Vitalij Sova

Warehousing demand in India has overtaken supply for the first time in four years, with e-commerce and global consumer goods companies driving much of the growth. 

According to a new report by property developer Jones Lang LaSalle (JLL), last year India’s total stock of Grade A and B warehousing space increased 22% year on year to 169 million sq ft. 

“Last year saw India’s warehousing sector come of age, outshining some of the conventional real estate asset classes and attracting global investors,” the report notes.  

“Interestingly, absorption ...