India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

Uttar Pradesh (UP) is rapidly positioning itself as a premier destination for Global Capability Centres (GCCs), aiming to attract multinational companies to establish technology, analytics, and digital service hubs. Supported by a robust GCC Policy 2024, the state emphasises a skilled workforce, cost-effective infrastructure, and comprehensive incentives to foster investment and employment growth.
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The Maharashtra state government has signed memorandums of understanding (MoUs) with 10 companies to attract investments totalling ₹42,892 crore, focusing mainly on solar and green energy, data centres, and related infrastructure. This investment drive is part of the state’s efforts to boost industrial growth, generate employment, and strengthen sectors of strategic importance.
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India’s office leasing market recorded a strong 24% growth in the first half of 2025, driven predominantly by demand in Mumbai, Pune, and the National Capital Region (NCR). The total leasing volume reached a record 48.9 million square feet across eight major cities, marking the highest ever for a six-month period.
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Israel Aerospace Industries’ (IAI) Indian arm, Israel Aerospace India Services Pvt Ltd, has secured a significant 45,277sqft office lease at Intellion IT Park in Gurugram for ₹32.14lakh per month, reflecting its deepening engagement with India’s defence and technology ecosystem.
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India’s flexible office industry is experiencing record-breaking growth, with Bengaluru now leading Asia and other metros rapidly expanding. Simpliwork, a managed office pioneer, is capitalising on this momentum through innovation, scale, and a focus on enterprise clients like Global Capability Centres (GCCs).
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The Asia Pacific office leasing market in the first half of 2025 was dominated by India, Mainland China, and Japan, accounting for over 90% of total demand. India emerged as a standout market with strong leasing activity, new supply growth, and a shift toward premium, sustainable office spaces.
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