India, May 9 -- India's warehousing leasing stood at 16.7 million sq ft across the top eight cities in Q1 of 2025. The leasing volume grew by 50% year over year, according to a report released by Knight Frank India, a real estate consultancy.

This growth was primarily driven by the manufacturing sector, which recorded a remarkable 94% YoY surge in leasing volumes, reaching 8 million sq ft in the first quarter of the calendar year, the report said.

According to the report, manufacturing companies accounted for 48% of total warehousing demand, underscoring the sector's continued momentum and long-term investment outlook.

Mumbai reported the highest warehousing leasing

Mumbai led with 27% of total transacted volumes at 4.4 million sq ft,...