Global investors are increasingly targeting Indian logistics verticals as the emerging economy lifts its growth profile and competes to be a major sourcing hub in Asia.
The latest investment comes from US-based industrial and logistics real estate developer Panattoni, which will develop around seven hectares in the national capital region (NCR) of Delhi, the first in a $200m investment programme for India it announced last year.
Panattoni estimates phase 1 of the …
The post India on the cusp of a warehousing boom as sourcing diversifies appeared first on The Loadstar.
