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Bangalore, Oct. 20 The growth of the manufacturing sector in India through the development of SEZs, industrial corridors and townships is expected to create a significant impact in the real estate market.

The residential and retail sectors, which act as value-added sectors to the manufacturing industry, will also experience growth, says Jones Lang LaSalle Meghraj (JLLM) in its latest research, ‘Indian Industrial Real Estate Landscape – An Emerging Investment Opportunity.’

The emerging and high-growth industrial sectors are automobile and auto components, telecommunications, semiconductor, drugs and pharmaceuticals, and biotech. The growth of the manufacturing and retail sectors and the improvement in transport infrastructure has attracted many domestic and international players to invest in the logistics sector.

The report identifies existing and emerging cities for these “sunshine industries”.

For the automobile and auto components sector, the cities are Delhi–NCR, Indore, Pune, Chennai, Nasik, Nagpur, Indore and Bhilwadi. For telecommunications it is Hyderabad and Chennai. NCR, Bangalore, Chennai, Hyderabad and Pune are the cities to watch out for the semiconductor sector.

Delhi–NCR, Chandigarh, Lucknow, Kolkata, Visakhapatnam, Hyderabad, Chennai, Bangalore, Pune, Mumbai, Chandigarh, Lucknow, Vadodara, Jaipur, Jammu, Assam and the North-Eastern States are the stars in the biotech industry. Lastly, Delhi, Mumbai, Kolkata, Chennai and Ahmedabad are the cities for logistics and warehousing.

More Stories on : Real Estate & Construction | Engineering | Karnataka

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