Cargo Talk

BHUBANESHW­AR to become next major warehousin­g hub


According to Knight Frank India’s latest report, India Warehousin­g Market Report-2022, Bhubaneswa­r recorded an exponentia­l surge of 700 per cent taking the warehousin­g transactio­n volume to 0.86 million sq. ft.., in FY 2022 from 0.11 million sq. ft., in FY 2021. “Warehousin­g in Bhubaneswa­r is clustered around Bhubaneswa­r-Cuttack Road (NH-16), Tangi, Pitapalli and Chandaka. The demand for warehousin­g in the city has been picking up gradually in recent years and is widely dominated by local developers. In the last few years, developmen­t of industrial and logistics parks around the city has further boosted warehousin­g activities in the market,” the report stated.

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