Third-party logistics firms are driving warehousing demand in India. Here’s why.

India’s warehousing trade is witnessing a big shift within the composition of tenants with third-party logistics (3PL) corporations driving the demand for Grade A and Grade B services throughout the highest eight markets. Based on a current report by real-estate consultancy JLL, the entire warehousing inventory in Delhi-NCR, Mumbai, Bengaluru, Chennai, Kolkata, Ahmedabad, Hyderabad, and Pune rose by 12.8% to 371 million sq ft through the one-year