India’s logistics investment up 203% YoY in 2024: Vestian

Institutional investment in India’s warehousing assets jumped from $645.8 million in 2023 to $1.96 billion in 2024 due to high demand from e-commerce and 3PL firms, Vestian said. Such inflows surged by 203 per cent YoY, resulting in absorption of 44.9 million sq ft in 2024—a 19 per cent rise YoY. 3PL firms comprised 33 per cent of the total leasing of warehousing spaces across seven cities.