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The Economic Times

Economy / The Economic Times

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Mumbai, Pune drive warehousing surge; Delhi-NCR sees sharp dip: Vestian

Mumbai leads India's warehousing sector with 42 percent absorption in Q1 2026. The market shows steady recovery, driven by demand from 3PL, manufacturing, and consumer goods. Pune also sees significant growth. Rentals remain stable across major cities. Despite a dip in investment, the long-term outlook is positive, supported by government policies and e-commerce growth.

29 Apr 2026 2:43 pm