Indospace Warehouses in Delhi NCR

Over the last decade, India has successfully promoted its top industrial sectors to make them an integral part of its economy. With a rising number of global companies setting up their manufacturing plants across India, the demand for premium warehousing and logistics facilities has also increased. Placed at the centre of the northern region, Delhi, the national capital of India, is a commercial hub where gigantic business enterprises have set up their factories and warehouses.

The Delhi National Capital Region (Delhi NCR) is one of the strengths of the nation’s economy with a 4.94% contribution in GDP and is an important commercial capital in Asia. The service industry contributes the largest chunk of the State Domestic Product (SDP)- about 70%, followed by manufacturing (25.2%) and agriculture (3.85%). The region is a large consumer market, and its abundance of skilled labour has attracted foreign investments, gradually transforming it into an emerging global economic hub. It has also experienced major infrastructure developments due to the Delhi-Mumbai Industrial Corridor Project (DMIC) and is a part of the Western Dedicated Freight Corridor (WDFC).

The region accounts for 30.2% warehousing space leasing, with a huge demand from 3PL and e-commerce industries. The Delhi NCR industrial area is home to over two hundred Fortune 500 companies. Delhi and Gurgaon are the major markets in this region and host manufacturing units of several automobile, auto-components, electronics, 3PL majors. Some of the important companies established in NCR are BMW, Hero Moto Corp, Eicher, Hyundai, Asian Paints, Jindal Steel, Essar Steel, Yokohama and many others.

Apart from being India’s largest electronics manufacturing zone, it accounts for 40% of India’s mobile manufacturing and more than 50% of mobile component manufacturing. As a result, it hosts the biggest cluster of Chinese factories in India, along with a prominent number of Korean and Japanese clusters. Automobile OEMs and ancillaries, IT and food processing also have a noteworthy presence in this zone making it an ideal location for business growth.

According to the Department for Promotion of Industry and Internal Trade (DPIIT), Foreign Direct Investment (FDI) inflow in Delhi stood at US$ 9,443.83 million between October 2019 and March 2021. In 2020, 32 Industrial Entrepreneurs Memorandum (IEMs) with proposed investments worth Rs. 3,710 crore (US$ 507.26 million) were filed in Delhi.

The capital has a total installed power capacity of over 2453.37 MW. The region has a total road network of over 24,000 km with one international airport. It is a major point of two important industrial corridors namely Delhi-Mumbai Industrial Corridor (DIMC) and Amritsar-Delhi-Kolkata Industrial Corridor (ADKIC), which extend its reach to South, West and East India.