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/PRNewswire/ -- Everise, a leading global healthcare services outsourcing company, announced today that Warburg Pincus, a leading global growth investor, has...
The company plans to invest $1 billion to acquire warehousing assets over three years to construct an additional 22 million sq ft
The share of warehousing leasing by retailers in India decreased by almost a third in the first half of 2021 due to a slowdown in consumer spending on discretionary products. Retailers leased 9% of the warehousing space during this period, compared to 13% in the previous year. On the other hand, consumer goods companies doubled their share to 6%, while the auto segment increased their leasing from 5% to 7%.
Fmcg: Within the retail sector domain, hypermarkets (51 per cent) and fashion & apparel (32 per cent) companies dominated the share in warehousing demand.
The share of warehousing leasing by retailers in India decreased by almost a third in the first half of 2021 due to a slowdown in consumer spending on discretionary products. Retailers leased 9% of the warehousing space during this period, compared to 13% in the previous year. On the other hand, consumer goods companies doubled their share to 6%, while the auto segment increased their leasing from 5% to 7%.