Warehouse & Logistic Space in India Gets traction

Warburg Pincus backed logistics development platform is stepping up its investment in the industrial and warehousing space in the country, with a plan to have 18 million sq ft portfolio in the next three years. Indian Warehouse space has fast become the core of online retailers and WP firm is looking to also acquire 8 warehousing projects across major hubs and these transactions are expected to be concluded over the next one year.