Articles & Latest News on GCC - Page 5 of 10

Healthcare & Pharma GCCs Power Hyderabad’s Office Space Demand Through 2030 0

Hyderabad has taken the lead as India’s top destination for healthcare and pharma Global Capability Centres, according to Savills India. With GCCs driving 44% of office absorption in 2024 and strong future demand projected through 2030, the city is strengthening its role as a high-value office and innovation hub.

Urban Vault Secures 21,000 sq ft from Three Japanese Firms as GCC Demand Surges 0

Urban Vault has leased 21,000 sq ft of workspace in Bengaluru to Japanese companies Nachi, Pioneer, and Komatsu, strengthening its foothold in the growing GCC market. With a hybrid model that cuts CapEx and OpEx, the firm now serves over 50 GCCs and operates a 2.8 million sq ft pan-India portfolio.

WeWork, Awfis and Others Ride India’s GCC Wave as Flex Becomes the Default Office Choice 0

India’s surge in Global Capability Centres is fueling a parallel rise in flexible workspaces. WeWork India and Awfis now earn 35–45% of revenue from GCC clients, as multinationals shift to fast-scaling micro-hub models. Operators are rapidly expanding stock, betting that GCCs will drive nearly half of new flex demand by 2027.

Vanguard Picks Hyderabad for First India GCC, Plans Scale-Up to 2,300 Engineers by 2029 0
- Industry News
- November 7, 2025
Vanguard has launched its first India Global Capability Centre in Hyderabad, targeting ~300 hires by the end of 2025 and ~2,300 by 2029. The hub will drive cloud modernisation, data, AI/ML, and cybersecurity, with collaborative labs to speed digital innovation. Telangana leaders hailed the move as proof of Hyderabad’s talent depth and momentum in the GCC.
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GCCs Scale Up in India: Demand Shifts Toward Larger Office Spaces 0
- Industry News
- November 3, 2025
India’s GCC market surged in FY25, with leasing rising 24% to 31.8 million sq ft. Larger deals dominated, as Fortune 500 firms led the charge. Government initiatives now aim to push GCC expansion into Tier 2 cities, aligning policy, talent, and infrastructure to fuel the next phase of growth.
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India’s Office Space Leasing by GCCs to Grow 15-20% Over Two Years: Report 0
- Industry News
- September 18, 2025
Global Capability Centres (GCCs) are driving India’s commercial real estate market with their office space leasing projected to grow 15-20% over the next two years. GCCs have leased 100 million sq ft in India’s top cities since 2021 and are poised to shape nearly 40% of the office demand by 2025, signalling a strong growth trajectory for workplace real estate.
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