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

US companies accounted for 70% of India’s GCC demand between 2018 and 2025, as leasing touched a record 31 million sq ft in 2025. Tier I cities dominate with over 90% activity, while Tier II markets gain traction with 10–35% cost savings. More than 200 new GCCs entered India over the past 2 years.
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US companies have leased 64.5 million sq ft of office space in India’s top cities from 2022 to 2024, primarily to establish Global Capability Centres (GCCs), according to JLL India. This accounts for over one-third of total office leasing, with Bengaluru leading demand driven by tech and BFSI firms.
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