MUMBAI: Global investors are bullish on India’s logistics infrastructure sector, given the already existing shortages and the emerging new demand driven by e-commerce retailing, a report by Urban Land Institute and PwC said recently.
“Demand for logistics is booming in India due to the introduction of Good and Services Tax (GST) that has revolutionised how goods are delivered across the Country. This is perhaps the only sector where investor opinions were uniformly bullish. Developer willingness to build new facilities without pre-commitment from tenants is testament to the strength of the market,” said the report on ‘Emerging Trends in Real Estate Asia Pacific, 2019’.”
“With the Government now also according infrastructure status to warehousing projects, there is a huge pipeline of demand for large build-to-suits because there is hardly any ready-built demand. It is one of those rare sectors where the demand side is completely outstripping supply,” it added.