India’s warehousing boom creates winners in unexpected corners
By Madhurima Nandy, Goutam Das
April 14, 2021
Every day, Shiv Kumar sets out to work on his new Hero Splendor from Patherheri village in Haryana’s Gurugram district toward Tauru Road—a long stretch just off the National Highway 48. Over the last few years, the road—surrounded by fields of wheat, jowar, bajra and mustard—has slowly metamorphosed into a warehousing hub, thanks to the e-tailing boom.
Create an account to continue reading our free content.
Already have an account? Sign in here
Bring stories like this into your inbox every day.
Sign up for our newsletter – The Daily Brief
Related Stories
ESR Australia is planning a staged redevelopment of the site into A-Grade office buildings.
The JV will develop and own industrial and logistics facilities in Tier 1 and Tier 2 cities across India.
The investment thesis of the fund is to acquire land parcels in high demand, pre-identified markets, and develop Grade-A warehousing parks.
Logistics sector is the preferred rental class for investors, after commercial office and shopping malls.