Warehousing is going through a rough patch. Can it bounce back? E-commerce will decide.

What you resist, persists. If it is India’s warehousing sector we are talking about, add “and then some”. The January-March quarter was already looking grim for warehousing companies when the coronavirus struck. The real-estate business, of which warehousing is a part, has been languishing for years now because of a liquidity crunch and a slowdown in consumption. Warehousing, too, which has emerged as the hottest asset class both among