Great places of manufacturing in India 2.0

JLL's comprehensive whitepaper reveals India's unprecedented manufacturing transformation, positioning the nation as a global industrial powerhouse through strategic policies, world-class infrastructure & ecosystem development, and targeted investments across critical sectors.

• Manufacturing leasing demand expected to capture 40% share of the market by 2030.
• Gross manufacturing leasing remains cumulative of 69 mn. sq.ft registering 49% CAGR since 2021, making it the second largest occupier after 3PL.

• Strategic Geographic Concentration: Pune and Chennai command leading the Market Share followed by NCR-Delhi, Bengaluru, Mumbai, Ahmedabad, Hyderabad.
• In Emerging markets / Tier-II markets such as Nagpur, Bhuvaneswar, Nashik, Surat, Lucknow, Sambhajinagar, Coimbatore, Hosur, Bhopal etc. manufacturers focus on land transaction over leasing.
• Grade A properties dominate with 90% market share as manufacturers prioritize premium infrastructure.
• India's manufacturing resurgence is driven by three forces: infrastructure modernization, expanded trade access through FTAs, and policy enablers like PLI schemes.

• India ranks 3rd among Global South economies in trade partnership diversity.
• Under the PLI Scheme, investments have grown more than four-fold, production has increased nearly five-fold (FY23 – FY26).
• Technology and Sustainability as competitive differentiators in manufacturing space.
• JLL whitepaper dives into an extensive study of major advanced manufacturing clusters in the country and analyzes the ecosystem around them.

Download the complete whitepaper to explore India's fast-evolving manufacturing landscape, discover strategic clusters across sectors, and understand how the nation is redefining global supply chains on its decisive path toward becoming a developed manufacturing powerhouse by 2047.