The promise of high growth in the country’s warehousing and logistics sector is luring not only foreign investors but also private equity firms. According to real estate consultancy firm JLL India, in 2015 the sector received Rs 1,438 crore in investment through two major deals, topping the Rs 1,350 crore inflow to the sector in 2012 through five deals.
“The year 2013 had seen a remarkably low investment. However, government initiatives in making the policy environment-conducive and strengthening of the ecommerce logistics platform post-2014 seems to have resulted in an investment comeback — as seen in 2015,” said Nirav Kothary, head of industrial services at JLL India. Some private equity funds that are looking to invest or have already invested in the segment are IL&FS (Tara India Fund III), Fidelity International, Milestone Capital Advisors, Standard Chartered Private Equity, Everstone Capital and Kohlberg Kravis Roberts (KKR).