53M sqft of office space leased for GCCs in India's top cities since 2022, led by Bengaluru and Hyderabad.

53M sqft of office space in India's top cities leased for Global Capability Centres (GCCs) since 2022, driven by India's skilled workforce, cost-efficiency, and favorable business environment. Bengaluru leads with 40% leasing, followed by Hyderabad at 21%. BFSI, tech, and niche firms are expanding, with engineering and manufacturing companies diversifying supply chains. GCCs are now engines of innovation, driving digital transformation and product excellence.

August 05, 2024
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