Industry Speaks
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industrial and logistics parks where clients can ask
for 2X expandability as per their requirement.
Briefly give us an overview of the Indian Warehousing
industry.
Warehousing and logistics players are actively
partnering in embracing modern solutions to handle
inventory management, usage of fleet management
software and RFID (radio frequency identification)
systems. A tactically placed and well-planned
warehouse not only mends the consumer services
but also facilitates competitive advantage through
efficient supply chain economics. At this rate, the
current warehousing space is said to double in 3
years – 2022. However, 2018 has witnessed a 22 per
cent year-on-year growth in total stock in Grade
A & B warehousing space in top eight cities while
absorption witnessed a 60 per cent year-on-year
growth in these markets. Well-structured reforms
like GST implementation, establishment of logistic
department in the ministry of commerce and other
upgrading in the policy has made the growth even
more likely. Growing manufacturing activity, rising
domestic consumption, increasing international
trade, emergence of organised retail in the country,
increasing private and foreign investments in
infrastructure along with the e-commerce boom will
keep this vigorous development active for the next
few years to come.
How do you make the industrial parks more
sustainable?
We take sustainability very seriously. Our parks are built-
in-large scale so that we can put orders in process to
always keep environment management as a top priority.
Our parks are all compliant with IGBC certification, one of
the most successful green building certification systems
in the world. Additionally, along with our facility team
we provide full support to green initiative suggested by
our clients.