Logistics market glows like a 'supernova' with entry of global behemoths

Some of the world’s largest logistics players and private equity fund managers are foraying into Indian industrial and logistics spaces in the country which has a total stock of about 350 million square feet (msf).

Most players are looking to invest anywhere between $500 million and $1 billion in new ventures in the next couple of years, said experts on this segment. Prologis, the largest warehouse owner in the world, has brought in Vineet Sekhsaria, former executive director and head at Morgan Stanley Real Estate Investing India, as head of its India operations.

Prologis owned or had investments in properties and development