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Double whammy: Rains, bleak festive demand to impact warehousing margins

Heavy rains recently brought business to a standstill in Bhiwandi, the warehousing hub that dispatches hundreds of thousands of retail and industrial goods daily to consumers in Mumbai

Warehouse
Warehousing players are banking on imports to meet domestic consumption demand in the absence of agri-exports due to lower crop production

If the economic slowdown was not enough, a recent spate of heavy rain has added to the woes of Indian warehousing industry. Bleak demand in the festive season — which has already started and will continue till end-December — could also hit margins.   Parts of Bhiwandi, the warehousing hub that dispatches hundreds of thousands of retail and industrial goods daily to consumers in Mumbai and its surrounding areas, have come to a standstill because of heavy rain. “Parts of Purna, Kalher and Manholi (within the Bhiwandi area) faced water-logging issues during ...