India city Mumbai covid-19 2020 economy Resilience India city Mumbai

Industrial real estate shows resilience in March led by e-commerce, pharma

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Mumbai: Demand for e-commerce and pharmaceutical services have helped India’s industrial and logistics real estate industry remain the most resilient asset class in the first quarter of 2020, according to a report by JLL on Monday.

In the medium term, sectors such as FMCG, e-commerce, pharmaceuticals, and cold storage will see an increased growth and demand for additional warehousing spaces, while facility management and quality will command a premium, as per JLL’s latest report 'Covid-19: Industrial & Logistics Sector in India', released.

As covid-19 has significantly impacted businesses and economy worldwide, consumers have shifted to online buying. A poll conducted during recently held JLL Industrial & Warehousing Webinar showed

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