Summary:

India’s manufacturing sector is gaining momentum, driven by infrastructure improvements despite challenges like land aggregation and connectivity. A Cushman & Wakefield survey of 94 industry executives found 97% saw major progress in Grade-A warehousing. While India offers just 0.2 sq. ft. of quality warehousing per urban resident - far below China and the U.S. - plug-and-play infrastructure is enabling growth. As a result, 88% of manufacturers are scaling operations, with over 95% benefiting from improved logistics access.

The poll showed high support for important government programs like as Bharatmala, Sagarmala, Dedicated Freight Corridors, and National Industrial Corridor Development, with 86% of respondents reporting good business outcomes. Around 70% of businesses intend to expand into tier II and III cities, motivated by greater infrastructure and cost savings. Continued initiatives in logistics, warehousing, and MSME productivity, as well as plug-and-play parks, are projected to drive industrial development and improve India's global competitiveness.

Source: IBEF

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