India warehousing leasing jumps 15% YoY to 19.3M sq ft in Q1 2026, second-highest since 2023

Knight Frank India data shows top-8 city warehousing leasing climbed 15% YoY to 19.3 million sq ft in Q1 2026 — the second-highest quarterly volume since 2023. Manufacturing and 3PL demand are anchoring the surge, reinforcing retail supply chains and last-mile distribution networks ahead of festive restocking cycles.

— Filed Thu, 21 May, 2026, 01:05 IST · Source ET Small Business · Updated

India's warehousing leasing rose 15% YoY to 19.3 million sq ft across top 8 cities in Q1 2026, second-highest quarterly volume since 2023, driven by manufacturing and 3PL demand strengthening retail supply chains and distribution networks.