New Delhi, March 20 -- The Indian warehousing and logistics sector received investments worth $1.96 billion in 2024, accounting for 29 per cent of the total institutional investment garnered in the real estate sector last year, a report showed on Thursday.

According to Vestian's report, investment inflows surged to 203 per cent year-on-year in the sector, driven by the growing demand for warehouses amid the rapid expansion of the quick commerce sector. As a result, this surge in demand resulted in a record absorption of 44.9 million square feet (sq ft) in 2024, marking a 19 per cent increase over the previous year. Notably, the second half of 2024 alone witnessed 28.3 million sq ft of absorption, a 70 per cent jump compared to H1 2024 - ...