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Foreign firms lease 105 million sq ft for GCCs in India since 2022
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Foreign companies have leased 105 million sq ft of office space in India since 2022 to establish global capability centres (GCCs), according to Colliers.
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Foreign firms lease 105 million sq ft for GCCs in India since 2022
Foreign firms have leased 105 million sq ft of premium office space in India since 2022 to set up global capability centres (GCCs), real estate consultant Colliers reported on July 24, 2026. The leasing activity spans seven major cities, including Bengaluru, Hyderabad, and Pune. The report highlights India’s competitiveness in attracting multinational corporations seeking cost-effective talent and innovation hubs. The GCC model, which centralises back-office and R&D functions, has driven significant demand for Grade-A office spaces.
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