Press Release: 12 February 2018,
West Bengal will see an investment of Rs. 4,300 crore in the warehousing and logistics sector in the next coming years till 2020. The consultant recently released a report ‘Bengal- Destination Next for Improved Infrastructure & Efficient Logistics’ at the Bengal Global Business Summit 2018 being held in Kolkata. The report highlighted that the state is strategically placed to take advantage of the ongoing national projects and development into a hub for warehousing and logistics for the country as well as the ASEAN region.
Bengal is witnessing growth in various real estate sectors coupled with government’s push for infrastructure and the state’s strategic location in eastern India. Going forward, we would be seeing many investments of different types and sizes in this space across the state. We showcased the sunshine industry of ‘warehousing’ at the summit because the sector has enormous opportunities for real estate players as the sheer number of key warehousing clusters serving Kolkata keep growing.
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