In this episode of the State of Economy Podcast, businessline’s Abhishek Law speaks with Anshul Singhal, Managing Director of Welspun One, an integrated fund and development management platform pioneering India’s first warehousing-focused alternative investment fund.
The podcast begins with discussing about India’s rapidly expanding warehousing market. Singhal provides a comprehensive overview of the market, highlighting the impressive 15-19% CAGR in demand, and suggests that the real numbers, especially in Tier 2, 3, and 4 cities, could be closer to a staggering 25%.
He discusses the projected growth of the real estate sector, from $300 billion to a trillion by 2030, and how warehousing plays a crucial role in this expansion. Singhal emphasises the connection between consumer behaviour and warehousing demand, explaining how the rise of e-commerce, quick commerce, and omni-channel retail has fueled the need for efficient logistics solutions.
The conversation also touches upon the Indian budget and its impact on the warehousing sector. Singhal shares his positive outlook on the budget’s investment-friendly reforms, particularly those related to infrastructure spending, and simplified land acquisition.
He addresses concerns about flattish infrastructure investment numbers, explaining that warehousing’s unique position between infrastructure and real estate allows it to adapt to market fluctuations.
Also, Singhal discusses the ease of raising funds for warehousing projects in India, citing the impressive $10 billion invested in the sector over the past three to five years, and reveals Welspun One’s plans to double its portfolio and raise ₹4,000 crore through a mix of international and domestic funds. Tune in to gain valuable insights into this booming sector and understand how warehousing is shaping the future of Indian business.
(Host: Abhishek law Producer: Prethicshaa Gurumoorthy)
About the State of the Economy podcast
India’s economy has been hailed as a bright spot amid the general gloom that seems to have enveloped the rest of the world. But several sectors continue to stutter even as others seem set to fire on all cylinders.
