India's warehousing and logistics sector experienced a remarkable 203% increase in investments in 2024, attracting $1.96 billion and accounting for 29% of the total institutional investments in the real estate sector.
The rapid growth of the quick commerce sector has significantly increased the demand for warehousing space, leading to a record absorption of 44.9 million square feet in 2024—a 19% rise from the previous year.
Government initiatives, including mega infrastructure projects and the development of the Navi Mumbai airport, have enhanced intercity connectivity, particularly benefiting tier-1 cities.
Programs like the Production-Linked Incentive (PLI) scheme and the 'Make in India' campaign have bolstered the engineering and manufacturing sectors, which increased their share of warehousing absorption from 18% in 2023 to 24% in 2024.
The surge in investments and absorption rates underscores India's growing prominence as a logistics hub. With continued government support and infrastructural advancements, the sector is poised for sustained growth.
As the logistics sector expands, MatchLog remains committed to enhancing efficiency and sustainability. By leveraging technology to optimize container movements and reduce empty miles, MatchLog contributes to a more environmentally friendly and cost-effective logistics ecosystem.
As the logistics industry moves toward a more sustainable future, container ReUse stands out as a simple yet highly effective practice that benefits both businesses and the environment. Partner up with MatchLog to reduce waste, cut costs, improve efficiency, and support the circular economy, while taking significant strides in sustainability. If you are ready to make not just the responsible but smart decision for your business then connect with us through email support@matchlog.delivery or contact us- 1-800-309-9887.