India Industrial and Warehousing Inventory Crosses 500 Million Sq Ft Mark: Knight Frank Report
Inventory Reaches 549 Million Sq Ft Across Eight Major Markets
Mumbai, March 21: India’s industrial and warehousing sector has crossed a significant milestone, with total inventory across eight major markets surpassing 500 million square feet, according to a Knight Frank India report released on Saturday.As of December 31, the total inventory stands at 549 million square feet. This marks a 13 percent increase from 486 million square feet recorded in 2024, reflecting steady expansion in the logistics and industrial real estate segment.
Strong Supply Pipeline Supports Future Demand
The report highlights that the eight key cities collectively hold 256 million square feet of potential space within established warehousing parks. This available capacity is more than three times the annual transaction volumes recorded in 2025, indicating sufficient supply to accommodate near-term demand growth.Mumbai Leads with 31 Percent Share
Mumbai continues to dominate the industrial and warehousing landscape, accounting for 31 percent of the total inventory.The city’s inventory reached 170 million square feet in 2025, registering a year-on-year growth of 12.5 percent from 151 million square feet in 2024. The report attributes Mumbai’s strong position to its large consumption base, port-led trade activity, and well-developed logistics infrastructure.
Demand in the Mumbai market is primarily driven by third-party logistics providers, manufacturing companies, fast-moving consumer goods firms, and retail occupiers. Key warehousing clusters such as Bhiwandi and Panvel remain central to the city’s ecosystem.
Delhi-NCR Emerges as Second Largest Market
Delhi-NCR ranks as the second largest contributor, holding a 21 percent share of the total inventory across the eight major markets.The region’s inventory stood at 115 million square feet in 2025, up 11.65 percent from 103 million square feet in 2024. The report notes that Delhi-NCR’s growth is supported by strong demand from multiple industries, along with advantages such as superior inter-state connectivity, proximity to major manufacturing hubs, and continued industrial development.
These factors have positioned Delhi-NCR as one of the most preferred destinations for warehousing and industrial activity in India.
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