India's industrial & logistics space take-up has exceeded 39 million sq ft in 2024. This was driven by a revival in demand from leading e-commerce companies, the expansion of quick-commerce operators, and the aggressive growth initiatives by third-party logistics (3PL) and fast-moving consumer goods (FMCG) players, according to a January 2025 CBRE report.

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India's industrial & logistics space take-up surpasses 39 mn sq ft
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India's industrial & logistics space take-up surpasses 39 mn sq ft

Space absorption remained strong particularly in the second half of the year, experiencing a robust 17 percent Y-o-Y growth.