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Infrastructure Upgrades to Drive Logistics Growth and Boost Domestic Manufacturing

Infrastructure Upgrades to Drive Logistics Growth and Boost Domestic Manufacturing

India is on the verge of a transformative shift in its industrial and logistics sectors, thanks to significant infrastructure upgrades being implemented across the country. The core objective of these upgrades is to reduce logistics costs, improve supply chain efficiency, and offer a major boost to domestic manufacturing. At the heart of these advancements lies the ambitious PM Gati Shakti national multi-modal connectivity plan, which is expected to revolutionise how goods are transported across India.

One of the most notable developments is the expansion of PM Gati Shakti’s digital infrastructure. This ambitious project focuses on improving national connectivity through multimodal transport systems. The integration of geospatial land records will make it easier to access critical data, enhancing decision-making and improving the efficiency of logistics operations. This digital infrastructure upgrade is set to streamline trade documents with the Bharat Trade Net platform, which will reduce paperwork, making cross-border trade simpler and faster. The availability of real-time data will encourage private sector participation and attract greater investment in the logistics and manufacturing sectors.

Experts believe that the transformation brought about by these initiatives will have a direct and significant impact on industrial and logistics growth. Badal Yagnik, CEO of Colliers India, a leading real estate consultancy, predicts that the growth in manufacturing and logistics will result in a sharp rise in leasing activity. He notes, “As a tangible near-term impact, we can potentially witness traction in Grade A leasing activity, and demand for industrial sheds and warehouses can reach 30-40 million square feet across the major markets of the country.” The demand for Grade A industrial and warehouse spaces is expected to soar in major cities and tier I and II markets, particularly as supply chains become more efficient and cost-effective. The improvement in infrastructure will also spur industrial leasing, making it easier for businesses to set up manufacturing units and distribution centres across the country.

The rise in demand for quality industrial spaces in cities like Mumbai, Delhi, Bengaluru, and Pune is already being observed, and experts predict that this trend will only accelerate as the benefits of PM Gati Shakti and other infrastructure projects begin to materialise. The increased availability of Grade A warehouses will support businesses looking to expand their logistics and manufacturing capabilities. Looking ahead, officials and industry experts are optimistic about the long-term impact of these infrastructure investments on India’s economy. By improving the ease of doing business and reducing operational bottlenecks, India is positioning itself as an attractive destination for both domestic and international businesses. The focus on efficient logistics will not only benefit large-scale manufacturers but also small and medium-sized enterprises (SMEs) that rely heavily on cost-effective supply chains.

Additionally, the growing trend towards e-commerce and online retail is expected to further fuel the demand for industrial and warehousing spaces. As more businesses shift towards digital platforms and direct-to-consumer models, the need for well-connected logistics hubs will become even more critical.  For industry players, the infrastructure improvements have generated a sense of excitement and anticipation. Many view these upgrades as the long-awaited solutions to the logistical challenges that have hindered India’s potential for years. The reduction in logistics costs, the streamlining of trade processes, and the availability of high-quality industrial spaces are seen as game-changers that will enhance the competitiveness of Indian manufacturers on the global stage.

The shift towards a more efficient and interconnected logistics network is also expected to create a more robust and resilient economy. As more businesses take advantage of the improved infrastructure, job creation is expected to rise, with new opportunities emerging in logistics, manufacturing, and real estate sectors. India’s ongoing infrastructure upgrades, particularly under PM Gati Shakti, promise to reshape the logistics and manufacturing landscape. With better connectivity, advanced digital tools, and streamlined processes, India is on track to reduce its logistics costs and create an environment where domestic manufacturing can thrive. The infrastructure developments not only pave the way for smoother supply chains but also stimulate growth in industrial leasing and warehousing, with benefits expected to be felt across major markets for years to come.

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