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India's Warehousing Growth Targets Grade B and C Cities
Adani Ports says warehouses in India may spread beyond the biggest cities.
Smaller B and C grade cities could become more important.
Odisha, West Bengal and Assam were named as possible growth areas.
The company already has land in some of these places.
It can build standard warehouses or customise them for individual customers.
Adani Ports also wants to connect warehouses with ports and inland container depots.
The company has 15–16 ports along both coasts.
It expects export-related growth over the next five to 10 years.
More warehouses in eastern India could increase volumes and lower logistics costs.
Adani Ports expects India’s warehousing growth to expand beyond major consumption centres and Grade A cities.
Odisha, West Bengal and Assam were identified as potential future warehousing growth markets.
Pankaj Kumar Bhardwaj said the company has land parcels for ready-to-use and customised build-to-suit facilities.
Adani Ports has 15–16 ports across India’s eastern and western coasts and plans export-linked development over five to 10 years.
The company is focusing on Dhamra, Vizhinjam and Paradip to strengthen its eastern and southern coastal presence.
- Who
- Pankaj Kumar Bhardwaj, Senior Vice President and Business Head–Warehousing and Adani Agri Logistics at Adani Ports and SEZ, discussed the outlook.
- What
- India’s warehousing growth is expected to expand beyond Grade A cities into B and C grade cities and emerging markets.
- Where
- Potential growth areas include Odisha, West Bengal, Assam and other locations linked to Adani Ports’ coastal and logistics assets.
- When
- Bhardwaj made the comments on Tuesday; the articles do not specify the date.
- Why
- State logistics policies, expected export growth and the need to increase volumes and reduce logistics costs are driving the expansion.
Key facts
- Current concentration
- About 60–70% of 13–14 million square feet is in A and B Grade A cities, according to Bhardwaj.
- Potential growth markets
- Odisha, West Bengal and Assam.
- Development model
- Adani Ports can offer ready-to-use facilities or build-to-suit warehouses.
- Port network
- The company has 15–16 ports across India’s two coasts.
- Growth horizon
- Export-linked development is expected over a five- to 10-year period.
- Key assets mentioned
- Dhamra, Vizhinjam and Paradip.
- Paradip expansion
- Adani Ports recently won two berths at Paradip.
Quotes
Pankaj Kumar Bhardwaj
Senior Vice President and Business Head–Warehousing and Adani Agri Logistics at Adani Ports and SEZ
“In Paradip also, we have recently won two berths. So, we are focusing on both sides. I would say, from the warehousing perspective, eastern side has not developed that much, and going further, major growth can also come from states like Odisha, West Bengal, Assam. So, all these states will add much more volume and will overall help us to reduce the cost in the ecosystem”
thehansindia.com
thehansindia.com
“If you talk about 13, 14 million square feet, 60-70 per cent would be in A and B Grade A cities only. But if we talk about our, I would say, future roadmap, we are focusing not just on the consumption centers which are Grade A, but we are focusing on B and C grade cities as well”
thehansindia.com
thehansindia.com
Sources
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