Global Capability Centres: Enabling India’s Strategic Advantage
Our latest report, Global Capability Centres: Enabling India’s Strategic Advantage, outlines key trends shaping India’s GCC landscape, including its evolution, geographic distribution, sectoral focus and future direction. GCCs in India continue to advance, supported by a conducive regulatory framework, a skilled talent base, cost advantages and increasing interest in innovation and R&D functions.
Key Highlights:
-GCCs remain a significant source of office demand, leasing 112 mn sq. ft. between 2020 and 2024, with a CAGR of 12%.
-Nearly 70% of this leasing activity during 2020-2024 was concentrated in Bengaluru, Hyderabad and Pune.
-Cumulative GCC leasing between 2025 and 2030 is expected to reach 120 to 246 mn sq. ft., subject to global macroeconomic conditions.
-Automotive, Semiconductors and Life Sciences GCCs are projected to drive nearly 30% of GCC leasing demand during 2025-2030.
Our report has more details.
(2).jpg)