E - PAPER

CURRENT MONTHS

LAST MONTHS

VIEW ALL
  • About
  • TEAM REALTY+
  • CONTACT US
  • SUBSCRIBE
  • HOME
  • NEWS ROOM
  • COVER STORY
  • INTERVIEWS
  • DRAWING BOARD
  • PROJECT WATCH
  • SPOTLIGHT
  • BUILDING BLOCKS
  • BRAND SYNC
  • VIDEOS
  • HAPPENINGS
  • E-MAGAZINE
  • EVENTS
    • EVENT CALENDAR
    • UPCOMING EVENT
    • PAST EVENT
search
  1. Home
  2. Developers Speak

INFRASTRUCTURE DEVELOPMENT IS THE BACKBONE OF WAREHOUSING SECTOR

DR NIRANJAN HIRANANDANI - FOUNDER & MD - HIRANANDANI GROUP SHARES HIS OPTIMISTIC VIEWS ON THE INDIAN WAREHOUSING SECTOR AS THE RECESSION PROOF ASSET CLASS.

BY Realty Plus
Published - Thursday, 09 Jun, 2022
INFRASTRUCTURE DEVELOPMENT IS THE BACKBONE OF WAREHOUSING SECTOR

Indian government policies are encouraging for the warehousing and logistics sector. Schemes like Pradhan Mantri Gram Sadak Yojna, Industrial & Dedicated Freight Corridors, Bharatmala and Sagarmala projects, Jal Marg Vikas, and UDAN are enabling the sector’s growth. In the long term, logistics and warehousing will be one of the key beneficiaries of the country’s march towards becoming a global manufacturing hub.

In addition, the implementation of Goods & Services Tax (GST) and the surge in e-commerce are the biggest drivers of Indian logistics and warehousing sector growth over the past few years. The extension of the Production Linked Incentive Scheme (PLI) would also give a further boost to the sector.

Furthermore, the PM Gati Shakti scheme, the expansion of the National Highway Network by 25,000 km in 2022-2023 and the National Infrastructure Plan (NIP) encompassing 8200 projects are moves in the right direction for inter-state co-ordination and unification that will reduce logistics costs.

We are now witnessing highest ever international investments coming into the Indian warehousing space. The hub and spoke model in this segment will gain further traction as during Covid we saw the need for delivery centres to be near the consumption hubs.

I believe technology will be the game-changer for the warehousing assets. The new-age organized warehouses are automated with IoT capabilities, making them an important part of India’s logistics sector. The role of 3PL providers has been undeniable in making this sector emerge stronger.

Given the remarkable growth during last two years, the sector has established itself as one of the most resilient asset classes. Grade-A warehouses demand has witnessed a major uptick that continues to bring significant capital.

REDUCING THE COST OF TRANSPORTATION AND DEVELOPING LOGISTICS INFRASTRUCTURE IN THE COUNTRY WILL MAKE US COMPETITIVE WITH OTHER ASIAN COUNTRIES AND POSITION US TO BE THE GLOBAL WAREHOUSING HUB

  • TAGS :
  • WAREHOUSING SECTOR
  • INFRASTRUCTURE DEVELOPMENT
  • Goods & Services Tax (GST)
  • Production Linked Incentive Scheme (PLI)
  • PM Gati Shakti scheme
  • Pradhan Mantri Gram Sadak Yojna
  • DR NIRANJAN HIRANANDANI - FOUNDER & MD - HIRANANDANI GROUP

RELATED STORY VIEW MORE

ARCHITECT BALKRISHNA DOSHI
MUMBAI HAS HIGHEST ULTRA-WEALTHY POPULATION IN INDIA
Arvind SmartSpaces Strong All-Round Financial Performance

TOP STORY VIEW MORE

Sydney is World’s Second Least Affordable Housing Market

Sydney is World’s Second Least Affordable Housing Market

21 March, 2023

UK Housing Prices Inching Towards Pre-Pandemic Levels

21 March, 2023

Finland Witnesses Unprecedented Increase In Housing Costs

21 March, 2023

NEWS LETTER

Subscribe for our news letter


E - PAPER


  • CURRENT MONTHS

  • LAST MONTHS

Subscribe To Realty+ online



REALTY+ SPECIAL ISSUES


  • THE TECH TITANS 2022

  • COFFEE TABLE BOOK 2022

  • Anniversary Issue 2022

  • Anniversary Issue 2020

VIDEO GALLERY VIEW MORE

LUBRIZOL Presents Women of Vision Summit & Awards 2023
Get connected with us on social networks!
ABOUT REALTY+

Started in 2004, Realty+, an exchange4media group publication is one of the most respected real estate magazines in India with offices in Delhi, Mumbai and Bengaluru.

Useful links

HOME

NEWS ROOM

COVER STORY

INTERVIEWS

DRAWING BOARD

PROJECT WATCH

SPOTLIGHT

BUILDING BLOCKS

BRAND SYNC

VIDEOS

HAPPENINGS

E-MAGAZINE

EVENTS

OTHER LINKS

SITE MAP

GDPR-COMPLIANCE

COOKIE-POLICY

PRIVACY-POLICY

TERMS AND CONDITIONS

Contact

ADSERT WEB SOLUTIONS PVT. LTD. 3'rd Floor, D-40, Sector-2, Noida (Uttar Pradesh), Pincode - 201301

tripti@exchange4media.com
realtyplus@exchange4media.com

+91 98200 10226


Copyright © Realty Plus Magazine.