Indian warehousing needs $3.8 bn to meet 223 mn sq ft demand in next 3 yrs.

India needs to create adequate supply in order to meet an absorption of approx 223 million sq ft of Grade-A warehousing demand over the next three years, according to a Credai-Anarock report. An equity investment of about $3.8 billion will be required to support this scale of development.

BS