🚀 Business & Startups🇮🇳 India
India's Office Market Hits Record High — GCCs Are Driving It
mint - companies·Tuesday, 7 July 2026
India's office leasing hit a record 45.5 million sq ft in the first half of 2026, the best H1 performance ever. Global Capability Centres (GCCs) — basically, offices that global companies set up in India to run operations — accounted for 43% of that demand. This happened even as geopolitical tensions made businesses nervous worldwide.
Why It Matters
This shows India is increasingly the world's back-office and tech hub of choice — which means more jobs and more economic activity, especially in cities like Bengaluru, Hyderabad, and Pune.
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