In 2023, the demand for dark store space in India reached 24 million square feet (msf). According to a joint study by JLL and Miebach Consulting, this demand is projected to grow at a compound annual growth (CAGR) rate of 12 per cent, reaching 37.6 msf by 2027.
According to Deloitte, the country's q-commerce market is estimated to grow up to $40 billion by the calendar year (CY) 2030 at a CAGR of 45 per cent.
The real estate requirements for dark stores are different when compared to retail outlets. Dark stores are mini warehouses spanning an area of 2,500 to 4,000 square feet (sq ft).
The locations are identified on factors such as consumer demand, lease rentals, traffic during peak hours, space for logistical operations, and delivery partners to move in and out.
"Consumer habits are shaped in a way that they expect quicker delivery and are more used to online shopping. Dark stores are located in a way that the q-com platforms can deliver in 15 to 30 minutes," said Vimal Nadar, senior director and head of research, Colliers India.
هذه القصة مأخوذة من طبعة November 02, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 02, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Nearly ₹1 trn unspent welfare funds lying in states' accounts
Funds to the tune of ₹1 trillion for centrally sponsored schemes are lying unspent in the single nodal agency (SNA) accounts of states.
Govt plans to raise deposit insurance beyond ₹5 lakh
A proposal to increase deposit insurance is being considered and the finance ministry will notify it once the Cabinet takes a decision, said M Nagaraju, secretary, financial services, Ministry of Finance, on Monday.
₹1,400 cr. Industrial Push: MP Targets Jobs, Growth & Global Investors
Aims at generating 20 lakh jobs in five years and increase GDP to ₹6 lakh crore by 2030
India delivering 'good returns': FM on FII selloff
Choppy markets, dropping valuations make post-IPO exits via block deals challenging
Govt weighs LPG subsidy for OMCs as losses mount
As cooking gas underrecoveries soar, Centre considers ₹40K cr mid-yr payout
Smallcaps in free fall: More pain ahead?
Meltdown raises concerns of a full-blown capitulation
Trade deficit widens to nearly $23 billion in Jan as exports shrink
India's merchandise trade deficit widened to nearly $23 billion in January, compared with $16.5 billion a year earlier, as the value of exports dropped amid subdued demand for petroleum products and global economic uncertainties.
Embedding Sustainability in Organisational DNA
> K Vijay Vardhan Rao, Senior President Marketing, Maha Cement, highlights the unique steps taken to weave sustainability into the brand fabric
A Case Of Kilos
Global pharma majors are looking to cash in on India's obesity crisis, but weight-loss drugs demand time and money
Reviving manufacturing growth
Ensuring manufacturing growth consistent with our development aims requires the government becoming less entrepreneurial and the corporations becoming much more entrepreneurial
