13 logistics clusters led by Bhiwandi to drive 70-80% of India's Grade A warehousing growth
Colliers projects high-activity clusters including Bhiwandi, Farukh Nagar and Chennai will dominate India's 299.2 mn sq ft Grade A warehousing stock by Q1 2026, with 214.7 mn sq ft concentrated in 13 hubs. 3PL operators lead leasing at 60.4 mn sq ft as rentals climb 5-10% annually, pressuring e-commerce and retail occupiers.
What happened
Colliers India · Colliers says 13 logistics clusters led by Bhiwandi, Farukh Nagar and Chennai will drive 70-80% of India's Grade A warehousing, critical for
Key facts
- 13 clusters account for 70-80% of Grade A activity
- 299.2 mn sq ft Grade A stock Q1 2026
- 214.7 mn sq ft (72%) in high-activity clusters
- 128.0 mn sq ft cumulative demand 2021-Q1 2026
- Bhiwandi 42.1 mn sq ft
- 3PL leasing 60.4 mn sq ft
- Rentals up 15-35% over 5 yrs
- 5-10% annual rental growth ahead
Why this matters
With 3PLs commanding 60.4 mn sq ft of leasing, evaluate M&A or JV entry into Bhiwandi-anchored 3PL operators to secure cluster-level scale before rental economics squeeze smaller logistics players out.