Articles & Latest News on GCC - Page 9 of 11

India’s GCC Sector to See Significant Growth, Aiming for 5% GDP Share by 2030 0
- Industry News
- February 12, 2025
India’s GCC sector, currently contributing 3.5% to GDP, is expected to grow to over 5% by 2030, driven by AI technologies like DeepSeek. The sector is shifting focus to Tier-2 cities due to rising operational costs in metros, with the 2025 Budget expected to support decentralisation and innovation.
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Investment Trends in the GCC: The Growing Allure of Co-Working Spaces for Investors 0
- Coworking, Leadership
- December 31, 2024
India’s Global Capability Centres (GCCs) drive demand for co-working spaces, embracing hybrid work models, cost efficiency, and sustainability. With growth expanding to tier-2 and tier-3 cities, co-working spaces offer scalable, tech-enabled, and tailored solutions. This trend opens opportunities for businesses and investors alike, redefining the future of workspaces.
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Airbus Expands India Presence with 650,000 Sq Ft Global Capability Centre 0
- Industry News
- December 23, 2024
Airbus has leased 650,000 sq ft in Bengaluru’s Titanium Tech Park to establish a Global Capability Centre, with a scalability of 800,000 sq ft. Valued at ₹500 crore, this 10-year lease supports Airbus’s innovation efforts in India’s booming aviation market, reinforcing its long-term commitment to the region.
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Chennai Poised for GCC Boom: Over 450 Centres by 2030, Says CBRE 0

Chennai is set to host 450+ Global Capability Centres (GCCs) by 2030, up from 250 today, driven by premium office spaces, skilled talent, and proactive policies. CBRE’s report highlights Chennai’s ranking as India’s third-largest GCC leasing market, with robust growth in office absorption and strategic appeal for global corporations.

India Emerges as a Global Hub for GCCs and Innovation 0

India has become a global hub for GCCs, leasing 28.8 million sq ft of office space between Q1 2023 and Q2 2024. Driven by a cost-effective talent pool and world-class infrastructure, GCCs occupy nearly half of India’s prime office inventory, with U.S. firms leading this transformation toward innovation and R&D.

Awfis Expands Portfolio with Premium ‘Elite’ Workspace to Cater to GCCs in India 0

Awfis introduces ‘Elite,’ an ultra-premium coworking solution designed for GCCs, with exclusive features like biophilic pods and wellness zones. Backed by strong financial growth, Awfis is expanding into metro cities while targeting tier-II markets, revolutionizing India’s coworking landscape with innovation and luxury.

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