Annual warehousing transactions to double

According to Knight Frank, annual warehousing transactions in the top eight Indian cities will grow to 76.2 million square feet by March 2026 from 31.7 million square feet in 2021 due to an e-commerce boom in the country.
It expects the e-commerce segment to take up 165% more space in Indian warehouses over the next five years. Meanwhile, third-party logistics and other sector companies are expected to take up 56% and 43% more space, respectively.