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COVER STORY






                                                           GRAPH C
                                                                             India’s warehousing and industrial
                                                                           market reached a total stock of 513
                                                                           million square feet across the top eight
                                                                           markets in the first half of 2025. Despite
                                                                           26.9 million square feet of new space
                                                                           becoming operational, supply remained
                                                                           insufficient to meet high demand,
                                                                           resulting in a decline in overall vacancy
                                                                           rates from 13.1% in H1 2024 to 12.1% in
                                                                           H1 2025.
                                                                             Lower vacancy rates imply higher
                                                                           occupancy and operational activity,
                                                                           which in turn drives consistent demand
                                                                           for cleaning and FM services to ensure
                                                                           warehouses remain functional, safe
                                                                           and compliant with quality standards.
                                                                           This data is presented in the ‘Stock and
                                                                           Vacancy’ graph D.
                                                                           Bright Ahead

                                                                             According to the report, the Indian
                                                                           warehousing market is poised for
                                                                           continued growth in the second half
                                                                           of 2025. The 42% year-on-year rise
                                                                           in transaction volumes during H1
                                                                           underscores the country’s economic
                                                                           strength and stability. Meanwhile,
                                                                           the manufacturing sector is expected
                                                                           to remain a key driver, as companies
                                                                           continue to diversify and de-risk their
                                                                           supply chains away from China.



                                                                                                   GRAPH D



























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