Quick commerce to need 75 million sq ft of urban logistics space by 2030: CBRE

India’s quick commerce sector is projected to require around 75 million square feet (sq ft) of urban logistics space by 2030, as operators expand their dark-store networks and invest in larger warehouses to support fulfillment, according to a report by real estate consultancy CBRE.

Of the projected requirement, around 42 million sq ft will be needed for in-city dark stores, while 33 million sq ft will be required for mother hubs, larger warehouses on city outskirts that replenish multiple dark stores.