India’s warehousing requirement, 919 million sq.ft. in 2014 and estimated to be 1,439 million sq.ft. in 2019, is expected to grow at an annual average rate of 9%, according to Knight Frank. In fact, the Indian warehousing industry was valued at 745 billion in 2013 and was growing at 15% for 3 consecutive years. The rising demand of warehousing can be attributed to a blend of maturing industry segments, rising external trade, rising domestic consumption, increasing private and foreign investments in infrastructure and emergence of organized retail.

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