The Indian economy is experiencing rapid growth and is on track to become the world's thirdlargest economy by FY31, with a projected GDP of $6.7 trillion. This expansion is underpinned by robust consumption patterns driven by rising income levels. As India progresses towards this economic milestone, it finds itself at a pivotal juncture, transitioning into a global manufacturing hub. Central to this transition is the development of a sophisticated infrastructure ecosystem, where the warehousing sector assumes a critical role.

The warehousing industry in India is witnessing a notable upsurge in demand, propelled by factors such as escalating consumption, governmental initiatives like Make in India and Production Linked Incentive (PLI) schemes, and a sweeping digital transformation. Warehouses have evolved from traditional standalone godowns to integral components of large-scale logistics parks, often spanning vast acreages. This shift underscores the emphasis on efficiency, scalability, and technological integration.

Furthermore, the demand for Grade A warehousing facilities has surpassed that of overall warehousing. Over the next five years, Grade A warehousing space is projected to reach 320 million square feet. This rising demand is driven by evolving consumer expectations, necessitating shorter delivery times, enhanced tracking capabilities, and a sharper focus on inventory management. Consequently, businesses are leveraging third-party logistics providers and embracing innovations in automation and transportation to maintain competitiveness in the Indian marketplace.

In this conference, we hope to explore themes related to the evolution of warehousing, government policy support, modern warehousing, technological intervention, and the development of large-scale logistics parks in India. We have discussed these themes in greater detail in our knowledge report.