New Delhi, Feb. 14 -- India's e-commerce surge is reshaping the country's warehousing landscape, with Tier II and III cities emerging as key hubs, according to a report by global real estate consultancy JLL.
The report highlights how the growing 'click-and-buy' trend drives demand for modern storage and distribution facilities beyond metropolitan areas.
The report highlighted that the companies also set up smaller warehouses in these cities to improve delivery times and reduce logistics costs.
These cities also offer access to larger spaces due to lower population density, ideal for warehouses near consumption centers, it added.
As of 2024, India's total warehousing stock has reached 533.1 million sq. ft, with emerging Tier II-III cit...
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