Page 2 - Warehousing Sector

Warehousing development law: Centre proposes more penalties

In the amendment bill, the government has also proposed simplified registration process, accepting negotiable receipts only in electronic form

Private equity-backed warehousing companies on a leasing spree

India saw leasing transactions to the tune of 35 million sqft in FY22

More takers for Infra fund among primary farm co-ops than large players

Loan limit of Rs 2 crore under the scheme works better for small warehouse projects with godowns of 3,000 sq ft, but fails to enthuse corporations and FPOs with larger projects on the table

Industrial, warehousing leasing up 35% in 2021; new supply rises 64%: Study

Leasing of industrial and warehousing spaces across eight major cities went up by 35% during 2021 to 35.1 million square feet, driven by higher demand from third-party logistics and e-commerce players

Sebi issues guidelines for warehousing norms for agri, non-agri goods

Markets regulator Sebi on Friday came out with guidelines for preparing warehousing norms by clearning corporations for agricultural, agri-processed, base and industrial metals goods.

Embassy Group plans to explore more opportunities in warehousing

Embassy plans to use the funds from the deal as growth capital in its office and residential projects

Warehousing yields decline as global players race to invest in assets

Investors prefer warehousing assets because they are more stable than office properties, which were affected by the pandemic, said bankers involved in warehousing deals

Eye on e-commerce, ESR plans one 'plug & play' warehouse every quarter

'Plug-and-play' buildings or 'speculative buildings', as ESR calls them, are ready buildings that have facilities like power, water and so on

Bajaj Electricals, Mahindra Logistics ink Rs 1,000 crore outsourcing deal

Involves end-to-end redesign of Bajaj Electricals' logistics by Mahindra, with the twin aim of achieving enhanced and industry-best service levels, and cost saving of over 25%

Warehousing demand likely to grow 160%to reach 35 mn sq ft in 2021: Report

Warehousing demand is expected to grow around 160 per cent to reach 35 million square feet in 2021, if no further lockdowns occur, said a JLL report

Warehousing absorption to grow 83% on e-commerce, manufacturing expansion

Third party and e-commerce accounted for 60% of total absorption in 2020, followed by manufacturing at 24%. That year, investments of over $1-bn were made in industrial & warehousing market

FM Logistic plans to double warehousing capacity in next 3-4 years

CEO Soufiani expects sales to return to pre-Covid levels by March 2021 as 90 per cent of the business has already recovered by December

Addition, absorption of warehousing space rises steeply on quarterly basis

About 3.45 million square feet of warehousing stock was added in tier-1 cities in Q3CY2020

Robinsons Global sets up warehousing facility in Thane for Rs 6.5 cr

This is the first such warehouse of the four such facilities Robinson Global Logistics Solutions (RGL) plans to set up by the first quarter of 2021 in the country, the company said in a release

Warehousing demand may rise as e-comm firms target same-day delivery

The demand is likely to be for warehousing of 5000-10,000 sq ft size, property consultant Colliers International said

Warehousing, industrial space demand to be hit due to Covid-19: Experts

Niranjan Hiranandani, co-founder and managing director of Hiranandani Group, said there are huge development potential in the warehousing, industrial parks and data centre projects

Tier-II, III cities now preferred destinations for warehousing: Experts

To control the spread of deadly coronavirus, the government announced a nationwide lockdown on March 25, restricting movement of people and goods to other cities unless "essential services"

Warehousing industry struggles with reduced staff amid Covid-19 lockdown

The technology-driven logistics company that focuses on truckload (more than 800 km) transportation in India has its truckers waiting at these warehouses to unload essential cargo for over a week now.

Farmers may soon start trading electronic warehousing receipts on e-NAM

The receipt will get the cultivator the best price for his produce. He can also obtain finance against it

Warehousing sector to add 40 mn sq ft space in 2020 across top 8 cities

In 2019, the total supply of warehousing space was 37.94 million sq ft while the absorption stood at 33 million sq ft.