GCC

India’s GCCs Set to Dominate Office Space by 2027 0
- Industry News
- August 2, 2024
India’s Global Capability Centers (GCCs) are set to occupy 26 million sq ft of office space by 2027. With 6,667 deals from 2018-2023, GCCs are crucial to India’s innovation landscape. Projections show that 1,900 centres will be built by 2025, driven by the IT/ITeS, BFSI, and consulting sectors, highlighting India’s global strategic importance.
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GCCs Set to Occupy 26 Million Sq Ft Office Space by 2027: Knight Frank India 0
- Industry News
- July 26, 2024
By 2027, India’s Global Capacity Centres (GCCs) are expected to expand their office space to 26 million sq ft, driven by a surge in leasing deals and strategic growth in the IT/ITeS and BFSI sectors. This growth not only underlines India’s pivotal role in global business innovation and talent acquisition but also sets a promising trajectory for the future of these sectors.
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GCCs Drive India’s Office Leasing with 37% Share 0
- Workspace Solutions
- July 18, 2024
Global Capability Centers (GCCs) drive 37% of India’s office leasing, attributed to BFSI and technology firms. Bengaluru, Pune, and Hyderabad lead in leasing, highlighting strategic importance. Diversified tenant demand and flexible office spaces indicate continued growth in India’s commercial real estate.
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Cushman & Wakefield Launches GCC Advisory to Transform India’s Real Estate 0
- Industry News
- June 28, 2024
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.
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