New Delhi, April 29 -- Mumbai has continued to dominate absorption in the warehousing sector with nearly 42 per cent share in Q1 2026, leading a steady recovery in India's warehousing and logistics market.

According to the latest sector review report by Vestian, the industry recorded a total absorption of 11.4 million sq ft during the first quarter of the year. "While the absorption increased by 8% over the previous quarter, it declined by 14% annually," the report said.

The growth remains heavily concentrated in the western markets, where Mumbai and Pune together account for 81 per cent of the pan-India absorption. As per the report, Pune's market share surged to 39 per cent in Q1 2026, a spike from the 16 per cent recorded in the prev...