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Flipkart opens its first grocery fulfillment centre in Coimbatore

Flipkart opens its first grocery fulfillment centre in Coimbatore
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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Warehousing demand likely to grow 160%to reach 35 mn sq ft in 2021: Report

Warehousing demand is expected to grow around 160 per cent to reach 35 million square feet in 2021, if no further lockdowns occur, said a JLL report.
Despite unfavourable socio-economic environment, warehousing stock in top eight cities, including NCR-Delhi, Mumbai, Bangalore, Chennai, Pune, Kolkata, Hyderabad and Ahmedabad has added 27 million square feet to reach a total of 238 million square feet in 2020 as per the India Real Estate Outlook - A new growth cycle by JLL.
Yogesh Shevade, Head Industrial Services, JLL, India said: In Q4, the market started gaining momentum with highest supply and absorption in 2020 post the lockdown. Industrial spaces witnessed a 13 per cent Y-o-Y growth in total stock in Grade A & B warehousing space in top 8 cities. ....

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Warehousing in 2021 to be driven by in-city requirements to cater to urban needs

Warehousing in 2021 to be driven by in-city requirements to cater to urban needs
March 03, 2021
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Warehousing stock in top eight cities has added 27 million square feet to reach a total of 238 million square feet in 2020
In 2021, warehousing is expected to witness an increase in in-city requirements to cater to the needs of urban population and for faster and last-mile delivery.
“In-city requirements are mainly driven by e-commerce warehousing requirements and are penetrating deep inside the cities in the busiest of commercial, retail, and residential areas,” said Yogesh Shevade, Head, Industrial Services, JLL, India.
“Constrained supply is also driving re-positioning / usage change of existing assets like malls, high-street retail, marriage halls, auditoriums, showrooms, and workshops,” he added. ....

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Warehousing demand expected to grow 160% in 2021: Report

Warehousing demand expected to grow 160% in 2021: Report
prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.

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Warehousing demand expected to grow around 160% to reach 35 million sq. ft in 2021: JLL

Warehousing demand expected to grow around 160% to reach 35 million sq. ft in 2021: JLL ....

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