India’s warehousing and logistics sector rebounded strongly in Q3 CY2025, with national absorption rising 64% quarter-on-quarter to 9.2 million sq ft, according to Vestian, though activity remained 36% below last year.

Mumbai led the recovery, absorbing 4.29 million sq ft (47% of total), up 377% QoQ and 10% YoY, driven by Bhiwandi and Panvel.

NCR recorded 1.28 million sq ft, up 83% QoQ but down 40% YoY. Chennai posted its strongest quarter in two years at 1.13 million sq ft. Kolkata hit a record 1.26 million sq ft, while Pune and Bengaluru lagged.