A landmark report has spotlighted 30 cities across India as high-potential hotspots for industrial and warehousing growth, setting the stage for unprecedented infrastructure boosts. Released Thursday, the analysis underscores how these locations are primed for explosive development thanks to enhanced connectivity, manufacturing booms, and policy tailwinds.
Colliers, a leading real estate consultancy, categorizes eight as established prime hubs and 22 as promising emerging and new markets. The hotspots were pinpointed using government industrial hub declarations alongside a proprietary framework evaluating five critical standards and major infra projects.
Top factors include seamless access to freight corridors, planned smart cities, multi-modal logistics parks, maritime expansions, aviation upgrades, and mega textile parks. Together, they form a robust ecosystem for industrial acceleration.
With manufacturing accounting for 17% of GDP today and forecasted to hit 25% by 2035, the warehousing sector is experiencing a renaissance. Demand for state-of-the-art facilities is skyrocketing, bolstered by institutional capital pouring in.
‘Expansions in corridors, MMLPs, smart cities, and airport/port projects will drive the sector’s next growth phase,’ noted Vijay Ganesh, Colliers India’s MD for Industrial and Logistics. The latest budget amplifies this with emphasis on manufacturing scale-up and equitable growth distribution.
Allocations of Rs 5,000 crore per sector for CERs, plus thrusts in electronics, semiconductors, life sciences, chemicals, rare earths, and textiles, will fortify long-term warehousing in prime areas and unlock opportunities in up-and-comers.
Spanning all regions, the hotspots promote nationwide prosperity. Prime hubs will mature further, gobbling up capacity with demand surpassing 50 million sq ft by 2030. Emerging ones will surge via corridors and parks, while nascent hubs build momentum through infra and policy alignment. India’s logistics landscape is evolving rapidly.