Cushman & Wakefield has launched an advisory platform to help multinational companies establish Global Capability Centres (GCCs) in India and beyond. With India expected to host over 2,400 GCCs by 2030, this initiative aims to capture 75% of the market, driving significant demand for office space and transforming the real estate sector.
Global property consultant Cushman & Wakefield has introduced an innovative advisory platform to help multinational companies establish Global Capability Centres (GCCs) in India, the Philippines, and other countries. This strategic move aims to position the company as the first international property consultant to offer comprehensive GCC advisory services.
India is home to around 1,600 GCCs, which is projected to surge to over 2,400 by 2030. In light of this, the new platform from Cushman & Wakefield is specifically designed to assist global multinationals in developing captive-offshore shared services, R&D, and Centers of Excellence capabilities. Matthew Bouw, Chief Executive of Asia Pacific at Cushman & Wakefield, expressed their aim to be the first international property consultant to offer such comprehensive GCC advisory services.
Anshul Jain, Chief Executive of India and SE Asia & APAC Tenant Representation at Cushman & Wakefield, highlighted India’s potential to become the global hub for GCCs. He stated, “India could capture up to 75% of the GCC market by 2030.” This growth is expected to create substantial demand for office space and drive a transformative wave in the nation’s real estate sector.
The launch of this advisory platform underscores Cushman & Wakefield’s commitment to aiding global businesses in redefining their GCC strategies. By providing tailored solutions and expert guidance, the company aims to support the establishment and expansion of GCCs, fostering innovation and operational efficiency for multinational companies.
