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The Ascent of Global Capability Centers in India
Entrepreneur magazine
|May 2025
India has solidified its position as a prominent global business destination and emerged as a critical hub for innovation and operational excellence.
This growth trajectory is significantly propelled by the expansion of Global Capability Centers (GCCs), which are transforming India's commercial real estate landscape, particularly within the office sector. Recent empirical studies corroborate this trend, underscoring the expansionary sentiment prevailing among GCCs. Notably, while office leasing in 2024 attained a record high of 79 million square feet, GCCs accounted for 37% of this volume, representing 29.2 million square feet and exhibiting a year-over-year growth of 29%. This data underscores the substantial influence of GCCs on India's office space absorption.
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