New Delhi, July 17 -- Major multinational corporations with strict sustainability mandates are reshaping India's logistics real estate by demanding green-certified warehouses.
This demand is prompting developers and investors to prioritise sustainable construction methods and operational standards.
A recent JLL India report finds that India's Grade A warehousing stock has surged-rising from around 88 million square feet in 2019 to approximately 238 million square feet in 2024-with institutional-grade space growing even faster, tripling from 28 million to 90 million square feet.
Crucially, of the 90 million square feet of institutional warehouses, roughly 72%-approximately 65 million square feet-is already certified green or in various ...
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