"The Union Budget 2024-2025 presents a compelling landscape for the warehousing and InvIT sectors. We see significant potential in the government's robust infrastructure allocation of ?11.11 lakh crore as announced in the Interim budget. The announcement of 12 new industrial parks and the focus on industrial corridors are set to boost demand for modern warehousing facilities. The budget's emphasis on e-commerce export hubs for MSMEs and initiatives for solar panels , coupled with the push for green transition and development of essential infrastructure, create a favourable environment for InvITs to thrive.” Amrutesh Reddy, Director, NDR InvIT Managers