Warehousing demand from manufacturing companies up in H1

India's rise as a global manufacturing hub is driving warehousing demand, with multinationals setting up factories. Warehousing demand from manufacturing sectors increased to 25% in H1 2024 from 15% in 2019, supported by the China plus one strategy and government policies like the PLI scheme. Pune, Delhi-NCR, and Kolkata saw significant growth.
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