Skyline in India

Prologis Scales Up India Presence with Next-Gen Logistics Hubs

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India’s rapid rise from the world’s 10th-largest economy to its 5th in just a decade is reshaping global trade and supply chains. With projections from the International Monetary Fund placing India in the No. 3 spot by 2027, Prologis is expanding its portfolio of modern logistics facilities in the country, aligning with our global growth strategy and the increasing demand for high-quality, scalable infrastructure.

Shifting Supply Chains and E-Commerce Drive Demand

As global companies rethink supply chains to improve resilience, India is emerging as a critical logistics and manufacturing hub. A rising consumer class, a surge in e-commerce and regulatory reforms – such as the Goods and Services Tax – are fueling demand. At the same time, government spending on infrastructure and supply chain modernization is accelerating the country’s transformation into a strategic node in global trade.

As demand grows for logistics solutions that are faster, greener and more adaptable, Prologis is expanding in India to stay close to its customers. We are targeting key consumption centers—including Delhi, Mumbai, Pune, Bengaluru and Chennai—where activity in e-commerce, retail and manufacturing continues to rise.

Exterior view of a Prologis Warehouse

 

Establishing Our Footprint: 

Last month, I visited our Prologis India team in Mumbai. Vineet Sekhsaria leads our operations in the country and brings extensive real estate investment experience, having previously led Morgan Stanley’s India real estate operations.

In addition to meeting with the growing team, customers and investors, we had the chance to speak with reporters from The Economic Times and Mint to share more about our plans to develop a best-in- class logistics real estate portfolio in India. “Prologis is looking to grow its India presence through a mix of new developments, acquisitions and joint venture. We’re open to buying existing assets that meet our standards and are actively pursuing strategic partnerships to accelerate that growth,” shared Sekhsaria.

Overall, we have secured six million square feet (MSF) of development potential in India:

  • Hoskote Project: A 30-acre acquisition in North-East Bangalore, a well-established logistics and manufacturing hub with low vacancy.
  • Chennai Multi-Phase Development: A 200-acre site set to become a 4.4 MSF modern logistics park—our flagship development in India and one of the country’s largest contiguous logistics sites.
  • Hosur Project: An 800,000-square-foot development on 36 acres, marking our first project in the Hosur industrial submarket of South Bangalore.

As India’s logistics landscape evolves, we’re betting that our global playbook—combining infrastructure with services—can deliver long-term value. Our approach goes beyond modern warehouses, offering a full suite of logistics solutions tailored to a fast-growing market. With the world’s largest population and a regulatory environment that increasingly supports digital growth and investment, India is positioning itself as a major global hub for consumption and distribution—and Prologis will be a partner in powering that transformation.

Joseph Ghazal

Joseph Ghazal

Position
Chief Investment Officer

Joseph Ghazal is chief investment officer for Prologis and serves on the company’s executive committee. In this role, he leads the company’s global investment strategy, which includes management of the Investment Committee, execution of deployment activities and pipeline, and multi-market portfolio acquisitions and dispositions. Previously, Ghazal was global head of capital deployment, where he was responsible for all aspects of the company's capital deployment. He has more than 20 years of experience in logistics real estate development.

He holds his M.B.A. from ESA Business School and his master's in civil engineering from École Spéciale des Travaux Publics (ESTP) in Paris. He received his bachelor's in civil engineering from the Beirut School of Engineering (ESIB).