Warehousing & Logistics sector shows resilience amidst Investment drought – Vestian

New Delhi, 14th Feb 2024: The year 2023 reported absorption of 37.8 Mn sq ft, 21% higher, compared to the previous year. Absorption has been on the rise since 2021, increasing gradually year over year. Despite dried-up investments in 2023, absorption surpassed pre-pandemic level of 2019 by 15%. The sector received investments worth USD 646 Mn in 2023, accounting …