9–month industrial & warehousing demand at all-time high of 26.5 million sqft in 2025, up 11% YoY Colliers India

India’s industrial and warehousing sector continued to display resilience in 2025, with cumulative demand across the top 8 markets reaching 26.5 million sq ft in the first nine months, marking an 11% year-on-year growth. In fact, Grade A space uptake was at an all-time high in the 9-month period, despite global players remaining cautious amidst ongoing trade frictions. The sustained momentum also underscores the sector’s strong fundamentals and continued occupier interest across key industrial & warehousing markets.

However, following one of the best-performing quarters on record in Q2 2025, demand moderated in the third quarter to 7.0 million sq ft, reflecting a 23% YoY decline. Nevertheless, the ongoing festive season and spur in warehousing requirements on account of higher e-commerce and electronics sales in the last quarter can push the demand in the last quarter.

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