The COVID-19 pandemic has fuelled the transformation of the Industrial and Logistics ecosystem in India – which has had several structural and cyclical implications. Key stakeholders in the sector are continuously re-evaluating their strategies to keep pace with the changing times. This report analyses the findings of a series of surveys conducted during Q2 and Q3 2020 among I&L occupiers, developers and investors; and tries to gauge the way forward for the sector post the pandemic. 

  • Occupiers: Mainly led by 3PL and e-commerce players, short-term expansion is likely to continue, but cautiously. Long-term strategies would include improving specifications, last-mile logistics and inventory management; along with increasing investment in tech and flexible supply chains.


  • Developers: They are likely to diversify their portfolios by increasing the share of first- and last-mile warehouses; a select few may even explore tier II and III cities, cold storage facilities and data centers. 


  • Investors: Opportunistic assets are expected to remain the key strategy for I&L-focused investors; select investors already present in tier I cities may even explore tier II and III cities. Greenfield acquisitions would continue to be the prime investment route; mainly via developer-investor partnerships.