Mon, August 10, 2026
Kolkata has retained its position as the largest industrial and logistics market in Eastern India, with its warehousing stock crossing 24 million sq. ft. during the first half of 2026, according to a report released on Monday.
The report by commercial real estate services firm CBRE South Asia said the growth highlights Kolkata’s expanding role as a manufacturing, warehousing and distribution centre. Infrastructure development, multimodal connectivity and rising demand from occupiers have continued to support the city’s industrial and logistics sector.
Industrial and logistics leasing in Kolkata reached around 1.8 million sq. ft. between January and June 2026, representing a 69 per cent increase compared with the previous six-month period.
“Eastern India is emerging as a key growth engine in India’s industrial and logistics landscape, driven by infrastructure investments, supportive policy frameworks, and expanding manufacturing activity,” said Anshuman Magazine, Chairman and CEO — India, South-East Asia, Middle East and Africa, CBRE.
He said companies were increasingly prioritising supply chain resilience and operational efficiency, giving the region an advantage because of its strategic location, improving connectivity and developing logistics ecosystem.
“These factors are expected to strengthen its appeal to both occupiers and investors in the years ahead,” Magazine added.
Kolkata’s industrial and logistics absorption recorded a compound annual growth rate (CAGR) of 25 per cent between 2020 and 2025. More than 80 per cent of the total leasing during this period took place between 2022 and 2025.
The growth was supported by significant additions to supply in 2022 and 2024, which together accounted for nearly 70 per cent of all industrial and logistics space completed in the city after 2020.
Investment has also played a role in strengthening the sector. Kolkata attracted an estimated $170 million in industrial and logistics investments between 2020 and the first half of 2026.
Third-party logistics (3PL) companies have remained the biggest drivers of leasing activity since 2020, accounting for 35 per cent of cumulative space absorption through H1 2026.
E-commerce companies accounted for 15 per cent of leasing, followed by retail at 12 per cent, engineering and manufacturing at 11 per cent and fast-moving consumer goods (FMCG) at 11 per cent.
FMCG leasing witnessed a four-fold year-on-year increase, largely driven by major food and beverage companies. These players accounted for more than 70 per cent of total leasing activity within the FMCG segment.
The latest figures underline Kolkata’s growing importance as a regional industrial and logistics centre, supported by rising demand, infrastructure development and increasing investment.
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