linkedin
BROUGHT TO YOU BY
Exclusive Access, Inclusive Growth

WELCOME TO ET PRIME

BROUGTH TO YOU BY
Exclusive Access, Inclusive Growth
ET Prime
Logistics

Warehousing is going through a rough patch. Can it bounce back? E-commerce will decide.

Following the viral outbreak, sectors that were already reeling from a slowdown, have deferred plans to invest in warehousing. E-commerce and retail have provided some relief, but the warehousing industry is expected to remain subdued for a couple of quarters. What are the chances of it bouncing back when the situation becomes normal?
font size
FONT SIZE
save
SAVE
saved
SAVED
Gift this article
GIFT ARTICLE
taslima-khan1
31 Mar 2020 7 Mins Read 1 comments
Workers sort products prior to their dispatch to customers at the warehouse of a furniture and appliance-rental company in Bengaluru. Getty Images
Workers sort products prior to their dispatch to customers at the warehouse of a furniture and appliance-rental company in Bengaluru.
What you resist, persists. If it is India’s warehousing sector we are talking about, add “and then some”. The January-March quarter was already looking grim for warehousing companies when the coronavirus struck. The real-estate business, of which warehousing is a part, has been languishing for years now because of a liquidity crunch and a slowdown in consumption. Warehousing,
large part of the warehousing growth in India, and the investments in this sector, were driven by the long-term growth potential. “So, there was a shift towards quality warehousing and consolidation. But if the overall economy slows down, e-commerce will be impacted as well,” says Aloke Bhuniya, CEO at industrial real-estate platform Ascendas Firstspace. ( Graphics by Sadhana Saxena)
What you resist, persists. If it is India’s warehousing sector we are talking about, add “and then some”. The January-March quarter was already looking grim for warehousing companies when the coronavirus struck. The real-estate business, of which warehousing is a part, has been languishing for years now because of a liquidity crunch and a slowdown in consumption. Warehousing, large part of the warehousing growth in India, and the investments in this sector, were driven by the long-term growth potential. “So, there was a shift towards quality warehousing and consolidation. But if the overall economy slows down, e-commerce will be impacted as well,” says Aloke Bhuniya, CEO at industrial real-estate platform Ascendas Firstspace. ( Graphics by Sadhana Saxena)

The latest from ET Prime is now on Telegram. To subscribe to our Telegram newsletter click here.

Gift this story

YOU CAN GIFT 0 MORE STORIES THIS MONTH

Maximum 10 Email IDs allowed

300 characters remaining

Gift Sent Successfully

Limit Reached
Limit Reached

You’ve gifted all the 0 articles from your monthly gift bucket!

Please come back next month.

0 more articles will be waiting for you in your gift bucket.

CONTRIBUTORS WHO HAVE COMMENTED ON THIS STORY

Current Edition

[[^message]]

Result

[[/message]] [[#message]]

[[message]]

[[/message]]