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India Industrial & Warehousing Market Snapshot

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1536 Industrial Snapshots

Gross absorption across top 5 cities rose 11% YoY at 6.2 mn sq ft, led by expansion of 3PL players

 

  • Gross absorption across top 5 cities rose 11% YoY at 6.2 mn sq ft, led by expansion of 3PL players
  • Large deals accounted for 80% of the leasing and pushed up the average deal size by 30% YoY
  • Grade A vacancy levels declined to 9.8% at the end of Q1 2022, from 11.8% in Q4 2021 due to strong leasing activity in Delhi-NCR, Mumbai and Pune and moderate supply
 

1024 Industrial Snapshots

India Industrial & Warehousing Market Snapshot

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Shyam Arumugam

Managing Director

Industrial & Logistics Services

Chennai

 Head of Industrial & Logistics Services | India 

"Real Estate Transaction professional with cognizance of multi-market trends in India and global connections across Asia specializing in Industrial and Logistics Assets"

Shyam joined Colliers in the year 2015 in Chennai Office of Colliers as Associate Director of Office Services. The entrepreneurial culture  and strong/visionary  leadership at Colliers  motivated him to join Colliers after a decade long successful stint with CBRE where he was working in the Consulting and Advisory Services for marquee clients across the globe. 

 Shyam brings with him a wealth of Advisory/Consulting experience having worked with clients across India and Sri Lanka. Shyam has been working with clients both in Commercial as well as Industrial leasing over the last 5 years delivering game-changing solutions to clients

Shyam has a cumulative experience in real estate of more than 16 years and is widely respected as one of the key India Leaders in the Industrial & Logistics Real Estate space. Having worked with well known corporates in India and abroad , Shyam believes  on a "CLIENT FIRST" approach to deliver results for occupiers, developers and investors.  

Shyam along with his team of Industrial experts across India  have accelerated success of their clients across India and across the globe.

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Vimal Nadar

Senior Director

Research

Mumbai (Corporate Office)

Vimal has a cumulative of about 14 years post qualification (as a Chartered Accountant) experience and recently joined Colliers as the Head of Research. He is responsible for leading and managing India Research operations. He will focus on thought leadership though timely and insightful content to support business growth while elevating the brand  value of the company. Prior to this, he led research thought leadership at JLL and Cushman & Wakefield. He began his professional career with Crisil; business research and consulting being his core areas of work. His areas of expertise include business assessment, demand-supply analysis, market entry strategy, strategic road mapping, etc in sectors such as Real estate, Cement, BFSI and other sub-sectors within the infrastructure domain. 

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