As a company that provides leasing support to major warehousing occupiers, and with over a decade of hand-on experience in warehouse brokerage services, I’ve witnessed firsthand the pivotal role that last mile delivery plays in the success of businesses worldwide.
As India’s industrial real estate landscape continues to evolve, one key factor shaping the market is the “China+1” policy. This strategic initiative, adopted by many businesses worldwide which involves diversifying manufacturing and supply chain operations beyond reliance on China, often by establishing additional production facilities in alternative countries.
India’s infrastructure development is racing ahead, and the recent strides made by the Ministry of Road Transport & Highways under the leadership of Mr. Anurag Jain are nothing short of remarkable.
Unlock Your New Investment Dreams: Goa’s Transformation as an Industrial Real Estate Destination.
Having visited Goa twice within a year, both for official purposes, I’ve witnessed firsthand the remarkable transformation unfolding in the state.
Industrial growth is paramount to the growth of the Indian economy and hence providing the necessary ecosystem for the same is critical. Industrial Parks have been in existence for many decades now and the lead in establishing the system was undertaken by government nodal agencies. Given that the government has an edge on shaping up growth of respective cities, strategic locations were identified in cities and towns to promote Industrial Parks. The lands were identified, acquired, demarcated and the government had provided only basic infrastructure such as roads, drains and power to enable industries to set-up their factories.
The warehousing sector is fast changing and is witnessing some very interesting trends that are emerging in recent times. The warehousing sector has been undergoing a change since the roll-out of Goods & Service Tax (GST) in the country in the year 2017.
In the dynamic landscape of industrial development across India, the acquisition of land for industrial parks has emerged as a critical challenge. Let’s explore the top five challenges that industry leaders commonly encounter and delve into potential solutions that can inspire a resilient approach to these obstacles.
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