The real estate industry in India is
expected to benefit hugely by the rapidly growing e-commerce firms in the next
seven years. India is expected to account for over 60 per cent or over one
hundred million new e-commerce users according to Anshuman Magazine, chairman
and managing director, CMD, CBRE South Asia Pvt. Ltd.
The e-commerce industry needs deliveryefficiency, inventory management, and freight-forwarding and this will be
driving the need for experienced logistics operators in the region.
A significant share of this fresh
foreign fund inflow of $3 billion that has come to Flipkart and freshinvestment by Amazon etc., is expected to get channelised into buildingwarehouses, expanding product line, upgrading and expanding supply chain, and
possible acquisitions.
Amazon is already known to be planning
to lease more than 1 million sq.ft of warehousing and logistics space by
end-December, while Flipkart has reportedly leased around 500,000 sq.ft of
space across the country, according to CBRE.
Global fashion apparel retailers, such
as River Island, Dorothy Perkins, New Look, Blue Saint, and Vans, have entered
into exclusive tie-ups with leading Indian online retailers for selling theirmerchandise, rather than setting up brick-and-mortar stores.
They are still testing the waters says
CBRE so have left it to their retail partners to take care of the stocking and
inventory. Going forward, one can only wait and watch for these developments to
solidify in a more mature online retail environment said CBRE.
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