Indospace Warehouses in Maharashtra

Since industries like automobile, retail, e-commerce, FMCG, etc. have become significant players in the Indian economy, a few states have stood out as leaders. Subsequently, the demand for world-class industrial and warehousing spaces with premium offerings in these zones has also peaked. Maharashtra, situated on the west coast, is the third-largest state in India and is one of the leading Industrial hubs that contributes majorly to the growth of the Indian economy.

Maharashtra has always been the first choice of domestic and foreign investors. As a result, the capital city of Mumbai is also the commercial capital of India and has evolved into a global financial hub. Maharashtra has a good presence of industrial clusters, especially automobile, IT & ITeS, chemicals, textiles and food processing clusters and offers lucrative investment opportunities in these sectors. Pune, another major city in the state, has also emerged as a desirable destination for several automobile giants. The state has a well-developed industrial infrastructure and has grown significantly over the last decade, with the substantial rise of industrial clusters in Maharashtra. Maharashtra Industrial Development Corporation (MIDC) is the primary machinery behind the growth of various industrial areas in Maharashtra.

According to the Department for Promotion of Industry and Internal Trade (DPIIT), between October 2019 and March 2021, FDI inflow in Maharashtra stood at US$ 23,432.35 million, accounting for 28% of the total FDI inflow in India.

It is also well connected to all the major markets with 4 international and 7 domestic airports along with over 309,000 km of road and 6,210 km of railway network and has a total installed power capacity of over 43,000 MW. The state’s coastline of 720 km and 55 ports facilitate about 22% of the total cargo transport in India. Jawaharlal Nehru Port Trust (JNPT), the largest container port in the country, is connected to 34 Container Freight Stations (CFS) and 46 Inland Container Depots (ICD). The state is also an indispensable part of the Western Dedicated Freight Corridor (WDFC), which connects UP to JNPT-Maharashtra, crossing through major industrial zones of Delhi NCR, Haryana, Rajasthan and Gujarat.