CBRE Research in Q2 2017 conducted a survey of leading occupiers of the industrial and logistics (I&L) sector in India, in order to gauge their sentiments about the potential opportunities offered and challenges posed by the GST. Two years later, as the dust settles around the GST, we again reached out to these occupiers to understand how well they have adjusted to this new tax regime, how are they undertaking their operations presently, and what is really driving the sudden growth of the I&L sector in India. The second report in this series looks closely at the impact of this new tax regime across the four stages of an entire lifecycle of a warehouse.