New Delhi, Dec. 3 -- Leading commercial real estate and investment management company JLL on Wednesday said that manufacturing has emerged as the dominant force in India's industrial real estate market, with robust growth trajectory positioning it for continued expansion.

"Manufacturing leasing activity has demonstrated exceptional growth, reaching 22.1 million sq. ft in 2024, with projections indicating continued expansion to approximately 33.7 million sq. ft by 2027 in top 8 cities-representing nearly half of India's total industrial and warehousing absorption," JLL said in its report.

The report titled "From Make in India to Made by India: Advanced Manufacturing Real Estate Lifecycle" said that Grade A property demand has experienced...