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Manufacturing firms' factory leasing seen rising to 30-32 million sq ft annually by 2030: Report

Summary by Times of India
Factory space leasing in India is projected to reach thirty to thirty-two million square feet annually by 2030. This growth is fueled by capacity expansion and localization across key manufacturing sectors. Traditional industrial sectors like auto and electronics lead current leasing activity, while new high-growth areas are emerging. European and APAC occupiers dominate manufacturing space leasing, reinforcing India's global position.

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India's manufacturing sector is going through a period of rapid expansion and its direct impact is visible on the industrial real estate market. According to the report of JLL, a company that provides commercial real estate services, the gross manufacturing leasing in India has increased to 6.9 million square feet since 2021. During this time the sector has registered a compound annual growth rate (CAGR) of 49 percent, which reflects the rapid e…

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Times of India broke the news in India on Wednesday, September 9, 2026.
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