Page 102 - CO JAN 2020

SPOTLIGHT ???REPORT

Industrial Warehousing, a key

demand driver for foreign investor

The warehouse industry of Logistics and industrial parks have lately seen facilities. There is also a rising consumption
India is driven by superior the entry of many foreign investors. The advent driven demand among urban population in
logistics and warehousing of such a trend has taken place either by the metropolitan areas. Currently well planned
logistic parks are built with a commitment to
potential partnership with a local developer or
systems. The key element by liaison with global warehousing operators. offer superior experience & faster deliveries
of a warehouse influences The growth has taken place with increasing across major cities of India. Factors like
the entire value chain demand from occupants who are mainly into strategic land positioning makes business more
starting from raw material manufacturing sector, 3PL and e-commerce. convenient. To meet global standards,the park
to customer satisfaction The implementation of GST, infrastructure operators like us keep eye on attention to detail
ADITYA VIRWANI, CEO, status and such other conducive government and provide globally approved amenities like
EMBASSY INDUSTRIAL PARKS reforms has enabled the sector in driving dormitories, round the clock canteen, first aid
centres, 24/7 security coverage, an excellent
demand for large integrated warehousing
shares more insights on parks. Rapid infrastructure development within fire fighting system, and ample parking space
the common factors the country has made the unit economics for trucks so the flow of the traffic remains
that influence investment more favourable as it has unlocked more land unaffected and does not hamper workflow.
for the warehouse and for better prices. It’s also made transport easier Superior logistic parks like Embassy Industrial
logistics sector with and fasterModern logistics& industrial parks Parks even provide built-to-suit industrial parks
where clients can have up to 2X expandability.
are built in order to help companies avoid the
CONSTRUCTION OPPORTUNITIES. extra sweat by building light manufacturing Big clients land up doing repeat business with
and warehousing space infrastructure of the park providers across markets. The current
grade A quality. Various factors like operational modern large-size logistics parks are either
conveniences and cost efficiency influence the backed by capital invested from the global
growing demand of Grade A warehousing. The market or they are local associations with a
requirement has been observed to be more global warehousing operators. Recent reports
in metro cities and towns that are supported from analyst firms state that theindustrial and
by presence of manufacturing hubs in the logistics segment has attracted USD 500
vicinity, access to transport network and exim million (about 3,500 crore) investment since

102 CONSTRUCTION OPPORTUNITIES|JANUARY 2020