Savills India Chennai Market watch

Research article

Industrial & Logistics Market Watch | Chennai – H1 2026

 

Industrial & Logistics Market Watch | Chennai – H1 2026

In Chennai, industrial and warehousing space absorption stood at 3.1 mn sq. ft. in H1 2026, driven by increased demand from the manufacturing segment, contributing 52% of the total absorption, followed by 3PL (19%), and e-commerce (9%). Market activity remained concentrated in Grade-A assets and key micromarkets, with Grade-A space accounting for 91% of total supply and 72% of total absorption.

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