India's industrial and warehousing sector is poised for significant growth, with 13 high-activity clusters projected to account for 70-80% of the country's Grade A industrial and warehousing activity in the coming years. According to a report by Colliers India, these clusters have already represented approximately 75% of the cumulative demand and new supply since 2021. As of the first quarter of 2026, India's Grade A industrial and warehousing stock reached 299.2 million sq ft, nearly double the levels seen in 2021, with high-activity clusters comprising 72% of this total. Bhiwandi, located near Mumbai, stands out as the largest cluster, boasting 42.1 million sq ft of Grade A stock, benefitting from its proximity to major transport routes. The report highlights that rentals in these clusters have surged by 15-35% over the past five years, with expectations for continued annual increases of 5-10%. This growth is supported by ongoing infrastructure enhancements and a rising preference for institutional-grade assets.