The industrial and warehousing inventory in eight primary markets in India has exceeded 0.5 billion square feet, as per a recent report. This stock now stands at 0.549 billion square feet, showcasing a 13% growth from 486 million square feet in 2024. The report by Knight Frank India highlights that these markets collectively offer 256 million square feet of potential space within established warehousing parks, significantly surpassing the transaction volumes of 2025.
Mumbai leads the industrial and warehousing sector in India, holding 31% of the total stock. The city’s stock reached 170 million square feet in 2025, marking a 12.5% increase from the previous year. Mumbai’s prominence is attributed to its substantial consumer base, port-related trade activities, and robust logistics infrastructure. The demand is being primarily fueled by third-party logistics, manufacturing, FMCG, and retail sectors, with the Bhiwandi and Panvel clusters playing vital roles in the city’s warehousing ecosystem.
Delhi-NCR follows Mumbai as the second-largest contributor, constituting 21% of the industrial and warehousing stock across the eight primary markets. The inventory in Delhi-NCR reached 115 million square feet in 2025, reflecting an 11.65% growth from the previous year. The region’s appeal lies in its renewed demand across various industries, superior inter-state connectivity, proximity to large manufacturing hubs, and sustained industrialization, positioning it as a preferred warehousing destination in India.
