Latest news with #Cushman&Wakefield
Time of India
13 hours ago
- Business
- Time of India
Infra push for MSMEs: Plug-and-play industrial parks key to boosting manufacturing, says Cushman & Wakefield report
Accelerating the rollout of plug-and-play industrial parks, improving logistics infrastructure, and targeted skilling are essential for boosting India's manufacturing output and self-reliance, according to real estate consultancy Cushman & Wakefield. In its latest report, Elevating India's Manufacturing Resilience: Charting the Path to Self-Reliance, based on responses from 94 senior decision-makers across India's manufacturing and logistics sectors, the consultancy outlines how industry and policy alignment is unlocking capacity, especially for MSMEs. 'India's manufacturing sector is undergoing a structural shift. Our findings indicate a strong alignment between infrastructure investment, policy clarity, and industry intent,' said Gautam Saraf, Executive Managing Director, Mumbai & New Business at Cushman & Wakefield, PTI quoted. Saraf said 88% of manufacturers surveyed are scaling up due to improved infrastructure, and 95% cite better logistics access thanks to government-backed initiatives. However, sustaining this momentum will require 'addressing deep-rooted cost and capacity gaps, especially in logistics, integrated facilities, and MSME productivity.' The report flags four core challenges: high logistics cost, warehousing capacity shortfall, low value addition, and skill gaps. It recommends a five-pronged strategy—accelerating plug-and-play industrial parks, redefining MSME thresholds to foster scale, fast-tracking multimodal logistics parks, boosting skill development, and digitising MSME export support. 'Plug-and-play industrial parks, multimodal logistics networks, and improved land aggregation frameworks are not just enablers, they are essential levers for converting policy momentum into production-ready outcomes,' Saraf said. Abhishek Bhutani, Managing Director, Logistics & Industrial Services India and Head – Gujarat, Cushman & Wakefield said, 'Pre-approved, infrastructure-ready zones are helping reduce time-to-market, lower upfront capex, and mitigate operational risks—especially for MSMEs looking to scale.' He added that success for companies expanding into new regions will depend on access to integrated ecosystems combining logistics, skilled labour, and multimodal connectivity, PTI reported. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
18 hours ago
- Business
- Time of India
Plug-and-Play Industrial Parks: Government infrastructure initiatives boost optimism in India's warehousing sector, ET Infra
Advt Advt By , ET Bureau Slow pace of land aggregation, delayed government approvals, patchy utilities, and poor connectivity to highways and railheads are key factors impeding further expansion of India's warehousing sector, according to a report. The country currently offers just 0.2 sq ft of quality warehousing per urban resident, far behind China's 8.6 and the US's 47.3. This is despite 97 per cent of manufacturing companies surveyed in India by property consultancy Cushman & Wakefield acknowledging improved access to Grade-A warehousing Plug-and-play (P&P) infrastructure has emerged as a key solution. "According to our survey, 88 per cent of manufacturers are scaling up due to infrastructure-led confidence, and over 95 per cent report improved logistics access through government-backed programmes," said Gautam Saraf, executive managing director, Mumbai and new business at Cushman & Wakefield. "To sustain this momentum, India must address deep-rooted cost and capacity gaps, especially in logistics, integrated facilities, and MSME productivity ." Plug-and-play industrial parks , multimodal logistics networks, and improved land aggregation frameworks are not just enablers-they are essential levers for converting policy momentum into production-ready outcomes," Saraf added. The survey was conducted with 94 senior decision-makers across India's manufacturing and logistics sectors, including chief executives, plant heads, and supply chain leaders, capturing a mix of perspectives from large enterprises and MSMEs. These respondents represent a diverse group, with 56 per cent of companies surveyed employing over 500 study revealed high optimism regarding the impact of government-led infrastructure initiatives such as Bharatmala, Sagarmala, dedicated freight corridors, and the National Industrial Corridor Development. As many as 86 per cent of respondents said these initiatives have positively influenced their business operations, while 95 per cent reported improved access to logistics and transport infrastructure "A significant takeaway from our research is the rising importance of plug-and-play industrial parks. These pre-approved, infrastructure-ready zones are helping reduce time-to-market, lower upfront capital expenditure, and mitigate operational risks, especially for MSMEs looking to scale," said Abhishek Bhutani, managing director, logistics & industrial, Cushman & 88 per cent of respondents, the government's infra push has directly influenced capital investment decisions, signalling increased confidence to scale operations. For large enterprises, impact is even sharper-94 per cent say these upgrades have been pivotal in shaping their expansion points to rising momentum in sectors such as automotive, engineering goods, electronics, and chemicals. Simultaneously, third-party logistics and FMCG operators are driving demand for Grade-A warehousing, buoyed by consumption growth and scaling of distribution networks.
New Straits Times
a day ago
- Business
- New Straits Times
Malaysia leads Asia Pacific in data centre growth, set for fastest consolidation by 2030
KUALA LUMPUR: Malaysia is set to become the fastest data centre consolidation market in Asia Pacific by 2030, driven by a robust development pipeline and surging digital demand, according to Cushman & Wakefield's Asia Pacific Data Centre Investment Landscape report. The firm attributed Malaysia's rapid rise to land availability, improving power and connectivity infrastructure, and consistent support for digital economy initiatives. These factors have made Malaysia a preferred destination for international data centre players and hyperscalers seeking scalable, cost-efficient hubs in Southeast Asia. The data centre consolidation market involves reducing the number of physical data centres or IT assets by combining, centralising, or migrating them to more efficient environments. The report highlighted a significant milestone in Malaysia's infrastructure readiness: its population-per-megawatt (MW) ratio, a key benchmark of data centre capacity, is expected to decline sharply from over 60,000 people per MW currently to around 14,000 by 2030. This 80 per cent improvement is the steepest among all regional markets, signalling Malaysia's aggressive efforts to build out capacity in line with the growing demand from AI, cloud computing, e-commerce, and digital transformation. Once viewed as a secondary option to Singapore, Malaysia has now carved out its own identity as a regional data centre powerhouse. Kuala Lumpur is becoming a key node for domestic demand, while Johor, thanks to its strategic location near Singapore, is being positioned as a prime base for hyperscale and AI-focused infrastructure developments. Other markets expected to follow in consolidation pace include Thailand and Japan. According to Pritesh Swamy, head of insights and analysis for Asia Pacific data centres at Cushman & Wakefield, most markets in the region are still significantly underserved, averaging over 350,000 people per MW, far higher than the US benchmark of around 30,000. "This ratio underscores the ongoing efforts in many markets to scale up infrastructure to meet the demands of economic and demographic expansion." The report highlighted a range of factors driving investment appeal, including strong demand fundamentals, resilient yields, inflation-hedging qualities, competitive cap rates, and growing recognition of data centres as essential infrastructure. Data centres are increasingly viewed as one of the most attractive asset classes, with growth expected to continue strongly over the next three to five years. Swamy added that economies with a gross domestic product above US$1 trillion are expected to remain dominant growth hubs over the next 3 to 5 years. However, transparency remains a challenge across Asia Pacific, with limited data on key financial indicators such as yield on cost and capitalisation rates, which complicates investor and lender decision-making. The report noted that Asia Pacific's data centre development pipeline stands at about 13 gigawatts (GW), expected to become operational by 2030. The required capital expenditure for this buildout is estimated at US$156 billion, underscoring the region's growth potential and relative cost efficiency. By 2023, the region's five largest data centre markets, Japan, China, Australia, India, and Malaysia, are projected to contribute 72 per cent of total annual colocation rental income in Asia Pacific. Each of the top five markets is projected to generate more than US$4 billion in annual colocation revenue, with the group contributing a combined US$32 billion by 2030. In terms of asset valuation, data centre assets across 14 Asia Pacific markets are forecast to reach US$600 billion in value by 2030, surpassing the US market's projected valuation of nearly US$460 billion. The five most expensive markets for data centre development in the Asia Pacific region are the advanced economies of Japan, Singapore, Australia, South Korea and Hong Kong/China. These markets collectively report an average development cost of about US$12.9 million per MW. Across the broader Asia Pacific region, the average development cost as of 2024 stands at US$10.1 million per MW, about 17 per cent lower than the US. Swamy said that the surge in Asia Pacific activity over the past five years has prompted most players to re-evaluate their land banks and existing properties for redevelopment opportunities. JLL Malaysia director of data centre transactions Kent Seet Tiong Hon said recently that Malaysia remains an attractive destination for data centre-related investments in the region, despite geopolitical risks. He said this puts the country in a favourable position compared to many of its global peers, which are facing similar pressures amid tightening regulations and rising costs. As of the first quarter of 2025 (1Q25), the country has completed an estimated 522 megawatts (MW) of capacity, with 1,250 MW under construction and over 3,750 MW in the pipeline. Seet pointed out that Malaysia's completed capacity of 522 MW places it ahead of key Southeast Asian peers such as Indonesia (270 MW) and Thailand (140 MW), although it remains behind Singapore, which has 1,000 MW.
India Gazette
a day ago
- Business
- India Gazette
India's manufacturing sector poised for leap with infrastructure and policy push: Report
New Delhi [India], June 27 (ANI): India's manufacturing landscape is undergoing a significant transformation, fueled by robust infrastructure development and supportive government policies, as revealed in a recent report by Cushman & Wakefield named Elevating India's Manufacturing Resilience: Charting the Path to on a survey of 94 senior leaders conducted by Cushman & Wakefield across the manufacturing and logistics sectors, including CEOs, plant heads, and supply chain managers, the report highlights strong industry optimism. Notably, 88 per cent of respondents plan to expand operations, driven by infrastructure projects like Bharatmala, Sagarmala, Dedicated Freight Corridors, and the National Industrial Corridor Development. Additionally, 95 per cent reported improved access to logistics, while 94 per cent of large enterprises credited infrastructure upgrades as central to their growth strategies.'India's manufacturing sector is undergoing a structural shift. Our findings indicate a strong alignment between infrastructure investment, policy clarity, and industry intent. According to our survey, 88 per cent of manufacturers are scaling up due to infrastructure-led confidence, and over 95 per cent report improved logistics access through government-backed programs,' said Gautam Saraf, Executive Managing Director, Mumbai & New Business, Cushman & initiatives like the Production Linked Incentive (PLI) scheme and the National Logistics Policy (NLP) are also shaping business decisions. Over 40 per cent cited these policies as having a significant impact, with MSMEs particularly benefiting from improved connectivity and ease of doing business, acknowledged by 77 per cent of all these advancements, critical challenges persist. High logistics costs, low warehousing capacity (0.2 sq. ft. per urban resident vs. 47.3 in the U.S.), minimal domestic value addition (17 per cent vs. China's 25 per cent), and skill gaps, especially in MSMEs, threaten long-term address these, the report outlines a five-pronged strategy: plug-and-play industrial parks, multimodal logistics networks, skill development programs, MSME reform, and digital platforms for export facilitation. Plug-and-play parks--pre-approved and infrastructure-ready--are highlighted as transformative, with the Union Budget 2025-26 allocating 2,500 crore for 12 such 81 per cent of companies planning to expand in the next two to three years and 70 per cent ready to move into Tier II and III cities, the report underscores the urgency of continued infrastructure investment. 'India's manufacturing is at an inflection point,' said Gautam Saraf, Executive Managing Director, Cushman & Wakefield. 'The alignment of policy, infrastructure, and private sector intent offers a clear pathway to global competitiveness.' (ANI)
Hans India
2 days ago
- Business
- Hans India
88 pc of manufacturers plan to expand operations backed by India's infra push
New Delhi: The government's infrastructure push has directly influenced capital investment decisions of 88 per cent of manufacturers, signalling increased confidence to scale operations, according to a report on Friday. India's manufacturing and logistics ecosystem is undergoing a significant transformation, driven by strong policy support and large-scale infrastructure investments. Cushman & Wakefield's report, titled 'Elevating India's Manufacturing Resilience: Charting the Path to Self-Reliance,' reveals high optimism regarding the impact of government-led infrastructure initiatives such as Bharatmala, Sagarmala, Dedicated Freight Corridors, and the National Industrial Corridor Development. As many as 86 per cent of respondents said these initiatives have positively influenced their business operations, while 95 per cent reported improved access to logistics and transport infrastructure as a result. For large enterprises, the impact is even sharper — 94 per cent say these upgrades have been pivotal in shaping their expansion plans. While the infrastructure buildout has laid the groundwork for industrial expansion, government policies like the production-linked incentive (PLI) schemes and 'Make in India' are shaping strategic priorities. Over 40 per cent of respondents said these schemes have had the most significant impact on their business. Meanwhile, the National Logistics Policy (NLP) and National Industrial Corridor Development (NICD) were cited by 54 per cent as being especially beneficial, particularly among MSMEs, for whom logistics accessibility and industrial park connectivity are key enablers, said the report. Notably, 77 per cent of the respondents felt that the ease of doing business had improved, with the figure rising to 86 per cent among large-scale firms. 'India's manufacturing sector is undergoing a structural shift. Our findings indicate a strong alignment between infrastructure investment, policy clarity, and industry intent,' said Gautam Saraf, Executive Managing Director, Mumbai and New Business, Cushman & Wakefield. To sustain this momentum, India must address deep-rooted cost and capacity gaps — especially in logistics, integrated facilities, and MSME productivity. 'Plug-and-play industrial parks, multimodal logistics networks, and improved land aggregation frameworks are not just enablers, they are essential levers for converting policy momentum into production ready outcomes,' said Saraf. To support long-term growth, the report lays out a five-pronged strategy: accelerate the development of plug-and-play industrial parks; reassess the parameters that define MSME's to foster scale; fast-track the rollout of multimodal logistics parks (MMLPs); invest in targeted skill development programs; and empower MSME exports through unified digital platforms and incentives.
