India's Industrial and Warehousing Stock Surges to 549 Million Sq Ft in 2025

The industrial and warehousing sector in India has seen remarkable growth, surpassing 549 million sq ft in 2025, a 13% increase from 486 million sq ft in 2024, according to a report by Knight Frank India. This growth is primarily driven by the cities of Mumbai and the National Capital Region (NCR), which together account for 285 million sq ft of the total stock as of December 31, 2025.

Mumbai leads the pack with 170 million sq ft, marking a 12.5% year-on-year increase. The city's dominance in the warehousing market is attributed to its large consumption base, port-led trade activity, and extensive logistics infrastructure. Key clusters such as Bhiwandi and Panvel continue to be the backbone of Mumbai's warehousing ecosystem, attracting significant demand from third-party logistics (3PL), manufacturing, FMCG, and retail sectors.

The National Capital Region (NCR) follows closely with 115 million sq ft, representing a 11.65% annual growth. NCR's strategic advantages, including superior inter-state connectivity, proximity to large-scale manufacturing bases, and sustained industrialization, have solidified its position as one of India's most preferred warehousing destinations. The region's diverse industrial base and robust infrastructure have been key drivers of this growth.

Bengaluru, known for its tech and manufacturing prowess, saw a sharp rise in its warehousing stock, reaching 60 million sq ft in 2025, up from 48 million sq ft in 2024. Pune also recorded strong growth, increasing its stock to 44 million sq ft from 33 million sq ft.

Chennai's warehousing stock rose to 47 million sq ft in 2025 from 45 million sq ft in 2024. Ahmedabad saw an increase to 45 million sq ft from 42 million sq ft, and Kolkata's stock grew to 42 million sq ft from 40 million sq ft. Hyderabad also witnessed growth, reaching 27 million sq ft in 2025 from 24 million sq ft, contributing to the overall expansion of the sector.

The report highlights that the eight cities collectively hold 256 million sq ft of potential space within established warehousing parks, more than three times the annual transaction volumes recorded in 2025. This surplus capacity is expected to support near-term demand expansion and cater to the growing needs of various industries.

The industrial and warehousing sector's growth in India reflects the country's economic resilience and the increasing importance of robust logistics infrastructure in supporting various sectors. As the demand for warehousing space continues to rise, these cities are well-positioned to meet the growing needs of businesses and contribute to the overall economic development of the region.