India’s warehousing market is expected to grow from $12.2 billion currently to $19.5 billion by 2025. According to a February 2021 report produced by JLL India, the overall warehousing space stands at 238 million sq ft at the end of 2020 compared to 211 million sq ft in the previous year.
While it’s a fact that the Covid-19 pandemic has resulted in upending every sector in the country, however, forward is the only way through. It is anticipated that various evolving technologies such as artificial intelligence (AI), machine learning (ML) and Internet of Things (IoT), among others will play a key role in bringing about tremendous change in every sector, including the warehousing industry.
Growth
Efficiency is the name of the game, as every sector is under constant pressure to achieve more with less. In the past two years, the industrial and warehousing sectors have seen tremendous expansion across the country and at the global level.
According to industry estimates, global warehousing space will double to 200m sq ft by 2022. In the Indian context, given the rapid rise of e-commerce across the country, demand for storage spaces has increased in tier-I and tier-II cities, which is expected to drive real estate growth, notably in the markets of Delhi-NCR, Mumbai, Chennai. Pune and Bengaluru.
Construction Techniques
A strategically located and well-planned warehouse, in most cases, not only improves the customer experience but also provides a competitive edge through supply chain economics. However, the industry is still facing some challenges that the government needs to address for the speedy growth of the warehousing sector.
Warehousing or storage refers to the holding and preservation of goods until they are dispatched to the consumers. Generally, there is a time gap between the production and consumption of products. By bridging this gap, storage creates time utility.
Why us
We at SNS, have integrated constructing warehouses, deep into our roots. We specialize in the Design+Build model. We have created a seamless model which enables us to deliver our projects on time and in the most cost effective way for our clients.
At SNS, we strive to set uncompromising standards in the client experience. We focus on adopting the latest technology/machinery to handover our projects on time.