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    Industrial, warehousing space leasing hits record 59.1 mn sq ft in top 24 cities in Jan-Sep: Savills

    From January to September, leasing of industrial and warehousing spaces surged across major cities in India, propelled by demand from sectors like light manufacturing, e-commerce, and third-party logistics. Tier-I cities alone accounted for 47.2 million sq ft of leasing. Additionally, fresh supply increased to 68.9 million sq ft, signaling promising market trends as consumption patterns shift and supply chains are being optimized.

    TVS Industrial & Logistics Parks plans to invest Rs 1,000 cr in Tamil Nadu project

    TVS Industrial and Logistics Parks will invest Rs 1,000 crore in upcoming Tamil Nadu projects. This significant investment aims to create approximately 1,500 new job opportunities across the state. The company signed an initial pact with the state government at a recent investment conclave. This expansion will strengthen industrial and logistics infrastructure supporting businesses and supply chains. The move aligns with Tamil Nadu's ambition to become a USD 1.

    FMCD hiring up 30% in two years, but women make up just 9% of workforce

    Hiring remains concentrated at junior- to mid-level, with the ₹6-10 lakh salary bracket accounting for the largest share of job postings.

    Industrial and Warehousing segment witness absorption of 34 million sq ft. in first half of 2025

    India's industrial and warehousing sector experienced robust growth in the first half of 2025, with absorption reaching 34 million sq. ft., a 24.5% increase year-on-year. Manufacturing significantly contributed, while Tier I cities dominated absorption. Grade A spaces are gaining traction, projected to exceed 60% of total supply and absorption by year-end, signaling a shift towards higher quality facilities.

    Bengaluru leads in hiring; BFSI, IT sectors see rise in job openings

    A recent Randstad survey reveals Bengaluru as India's top Tier-1 hiring hub across various industries and experience levels. The job market is recovering in key sectors like BFSI, IT, and manufacturing, with Bengaluru dominating demand. Tier-2 cities also show strong junior-level hiring, contributing to India's economic and talent growth.

    Industrial and warehousing sector absorption increases 21.9% year-over-year

    The industrial and warehousing sector in India saw a 21.9% increase in absorption in the first half of 2024, with the 3PL sector driving demand with a 33% share. Tier I cities accounted for 78% of absorption, while Tier II and III cities accounted for 22%. The sector also saw a supply addition of 28.2 million square feet, with 77% concentrated in Tier I cities and 23% in Tier II and III cities. The e-commerce sector is expected to surge further as it adopts new models to expand urban distribution and extend its footprint into tier-II & III locations.

    The Economic Times
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