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Indospace launches industrial park near Bengaluru - Vimarsana News

Indospace launches industrial park near Bengaluru

The park is situation on a 50-acre land parcel, located near National Highway 75, Narasapura industrial area, and is well-connected to consumption hubs across central, east, and northeast Bengaluru

warehousing: More shoppers shifting online spurs demand for warehouses - Vimarsana News

warehousing: More shoppers shifting online spurs demand for warehouses

The demand was primarily driven by third-party logistics companies (3PLs), followed by e-commerce firms, which accounted for almost 31% and 22% of the total demand respectively, said the report released by the Canadian commercial real estate brokerage.

Infostretch Acquires Data Analytics Firm, Gathi Analytics - Vimarsana News

Infostretch Acquires Data Analytics Firm, Gathi Analytics

Press release content from Business Wire. The AP news staff was not involved in its creation.

Source: apnews.com
Everstone, Yondr to jointly deploy $1b to develop data centres in India - Vimarsana News

Everstone, Yondr to jointly deploy $1b to develop data centres in India

Everstone, Yondr to jointly deploy $1b to develop data centres in India Data centre. Credit: Wikimedia Commons July 28, 2021 Yondr Group, a global developer, owner-operator and service provider of hyperscale data centers, on Tuesday said it has formed a strategic joint venture partnership with private equity firm Everstone Group to deploy $1 billion to develop data centers in India. Operating under the brand name EverYondr, the first facility located in the Mumbai Metropolitan Region, for which land and power have already been acquired, will deliver 30MW by 2023 and 60MW of IT capacity when f...

E-commerce boom to double India warehouse deals, says Knight Frank - Vimarsana News

E-commerce boom to double India warehouse deals, says Knight Frank

An e-commerce boom in India will more than double the size of warehousing space sought over the next five years, according to Knight Frank. Annual warehousing transactions in the top eight Indian cities will grow to 76.2 million square feet by March 2026 from 31.7 million square feet in 2021, the research firm said in a report published Tuesday. The predicted surge follows a drop in the past year due to the pandemic. “Due to a greater internet penetration across India, e-commerce companies are also betting big on growth in tier two and three locations, which are becoming the preferred wa...