{"id":2101,"date":"2016-07-10T10:28:31","date_gmt":"2016-07-10T10:28:31","guid":{"rendered":"https:\/\/sunkrish.com\/?p=2101"},"modified":"2017-01-12T12:10:34","modified_gmt":"2017-01-12T12:10:34","slug":"e-commerce-driving-demand-for-warehousing-space-cbre","status":"publish","type":"post","link":"https:\/\/sunkrish.com\/index.php\/2016\/07\/10\/e-commerce-driving-demand-for-warehousing-space-cbre\/","title":{"rendered":"E-commerce driving demand for warehousing space: CBRE"},"content":{"rendered":"
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<\/a>E-commerce continues to drive demand for logistics and warehousing space in the country and has attracted a lot of interest from developers and private equity players, property consultant CBRE said.<\/p>\n

“With the logistics and industrial segment witnessing significant development, there is a lot of interest from both developers and private equity investment,” CBRE South Asia Managing Director, Advisory and Transaction Services, Ram Chandnani said in a statement.<\/p>\n

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The government’s investor-friendly investment policies, improving domestic economy and progressive legislative reforms are all steps boosting the sector, he said at a conference here.<\/p>\n

“India is yet to achieve its full potential when it comes to the logistics sector, even though the World Bank has ranked India 35th in logistics.<\/p>\n<\/div>\n

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“China is ranked 27th but India is not too far behind,” said M T Murthy, Member (Operations) – India Post, Ministry of Communication and Information.<\/p>\n

Stating that lack of adequate infrastructure has slowed down India’s economy in the past, Murthy said the government is committed towards capacity building.<\/p>\n

E-commerce is playing a major role in driving up the demand in logistics that witnessed a growth of 57 per cent between 2009 and 2015, the statement said.<\/p>\n<\/div>\n

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“India Post now has 700 e-commerce partners who rely on the government for their service delivery,” Murthy said.<\/p>\n

According to CBRE, nearly 2 million sq ft of warehousing space was taken up by e-commerce firms in 2015, which is a significant jump, as the share of the sector rose from a meagre 2 per cent of the total warehousing demand in 2012, to around 22 per cent during 2015.<\/p>\n

Source : http:\/\/economictimes.indiatimes.com\/articleshow\/53119420.cms<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

E-commerce continues to drive demand for logistics and warehousing space in the country and has attracted a lot of interest from developers and private equity players, property consultant CBRE said. “With the logistics and industrial segment witnessing significant development, there … Continued<\/a><\/p>\n","protected":false},"author":1,"featured_media":3153,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,4,493,5],"tags":[316,311,343,304,549,294],"class_list":["post-2101","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-business-advisory-services","category-financial-corporate-services","category-economy-business-updates-corporate-affairs","category-india-international-corporate-updates","tag-china","tag-corporate","tag-e-commerce","tag-foreign-direct-investment","tag-infrastructure","tag-investment"],"_links":{"self":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/2101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/comments?post=2101"}],"version-history":[{"count":5,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/2101\/revisions"}],"predecessor-version":[{"id":3154,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/2101\/revisions\/3154"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/media\/3153"}],"wp:attachment":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/media?parent=2101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/categories?post=2101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/tags?post=2101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}