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While offices, malls, high streets and hotels face headwinds in the current scenario, there just doesn't seem to be enough warehousing around to occupy.
With the stellar rise in ecommerce adoption, online marketplaces are seeking bigger catalogues and faster delivery times - both requiring more and more Grade A/B warehouses across India.
But Telangana Wants Them Green
The Telangana state government plans to usher in a green building code for new as well as existing warehouses and data centres across the state.Minister KT Rama Rao announced that the Confederation of Indian Industry (CII) will work on preparing guidelines for the upcoming and established warehouses to be energy efficient.
Do Green Guidelines Exist?
Inclusive Effort, Please. . .
FYI, total warehousing space in India should exceed 380 million sq. ft. by the end of 2024, say reports.