India’s office market is experiencing a surge, fueled largely by the expansion of US companies. Between 2022 and 2024, American firms leased a staggering 64 million square feet of office space across India’s top cities. This represents a significant portion of the overall demand, with Bengaluru emerging as the clear leader.
A remarkable 70% of this US-driven leasing activity is attributed to the establishment and expansion of Global Capability Centers (GCCs). These centers, primarily within the technology and BFSI (Banking, Financial Services, and Insurance) sectors, are attracted by India’s large pool of skilled professionals and its increasingly business-friendly environment.
The phenomenal growth in GCCs underscores India’s position as a global hub for technological innovation and financial services. This trend highlights the significant impact US investment is having on the Indian economy, particularly in driving employment and infrastructure development.
Exciting news for aspiring Rajasthan BSTC students! The highly anticipated first seat allotment list for…
Actress Usha Vance recently opened up about the religious upbringing of her children, offering a…
The Axiom-4 mission, already making headlines for its private astronaut crew led by Shubhanshu Shukla,…
In a stunning display of logistical prowess and unwavering commitment to its citizens, India launched…
The tech world collided with the political sphere recently when a surprising interaction between Elon…
INI CET 2025 Round 1 Results Released! The wait is over! The All India Institute…