- According to industry experts, “Digital India and digitalisation of logistics is going to create a self-sufficient and stronger economy.” It is anticipated COVID-19 will accelerate digitalisation across the logistics sector, with digital shipments and contact-less deliveries soon becoming the new normal.
- Government policies to promote domestic manufacturing. This will also push establishment of global value chains in India to not only serve domestic but also export markets.
- Logistics parks, industrial parks and warehouse space demand is going to be driven by the robust demand from e-commerce firms given the boom in online groceries, retail, and other essentials goods in the coming quarters.
- Rising interest from real estate investors, who earlier looked at office and retail sectors set to venture into the warehousing space. With e-commerce surge and physical shopping facing a setback, warehousing in India will emerge as the new growth sector.
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