Panattoni to Invest $100 Million Annually in India's Industrial Real Estate
Panattoni, a global industrial real estate giant, plans to invest approximately $100 million annually in India to expand its presence in key industrial and logistics hubs. The focus is on Tier 1 cities with partnerships involving local entities, targeting India's growing e-commerce and consumption sectors. The company aims to streamline land acquisition processes to accelerate development amid rising demand for modern warehousing.
Panattoni has committed to investing about $100 million each year in India over the next 2-3 years to develop and scale its industrial real estate footprint, particularly in leading consumption and logistics hubs such as Bangalore, Chennai, Mumbai, Pune, Hosur, and near New Delhi. Their strategy includes speculative development to quickly provide scalable warehouse spaces catering to e-commerce, manufacturing, FMCG, and 3PL clients, with a strong emphasis on Grade A infrastructure and sustainability standards. Challenges persist around complex land acquisition processes in India, which have previously delayed project timelines significantly, but Panattoni is urging the simplification of land rules to enable faster transactions and construction. The company is leveraging partnerships with local entities for large-scale projects and executing a west-to-east expansion approach in the Asia-Pacific region, starting with India. This investment aligns with India’s broader economic trends in rising consumption, e-commerce growth, regulatory clarity, and infrastructure improvements, positioning Panattoni to capitalize on the surging demand for modern warehousing and logistics facilities in the country.
