In 2023, the sector witnessed a remarkable 6.7% increase in absorption, reaching a notable 49 million sq ft. This growth was predominantly seen in Tier I cities, accounting for 75% of this expansion. This statistic underscores the vital role of major urban centers in driving the sector’s growth. https://www.kshinfra.com/blogs/unpacking-indias-industrial-and-logistics-sector-growth-2024-insights-from-ksh-infra