Tag: Knight Frank India releases ‘India Warehousing Market Report – 2022: Chennai’s warehousing transaction volume increased by 44% YoY

Knight Frank India releases ‘India Warehousing Market Report – 2022: Chennai’s warehousing transaction volume increased by 44% YoY 3PL players biggest demand driver with a share of 35% in total transaction Mumbai, 21st September 2022: `Knight Frank India, an international property consultancy, in their latest report - ‘India Warehousing Market Report – 2022’, cited that Chennai recorded warehousing transaction volume of 5.1 mn sq ft in FY 2022, a substantial growth of 44% YoY compared to 3.53 mn sq ft in FY 2021. Shishir Baijal, Chairman and Managing Director, Knight Frank India Chennai, due to its proximity to the sea, became a desirable base for heavy industries-. Apart from serving as a home base to Automobile industry; textile production and manufacturers for heavy industri...