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Global Capability Centres in India to exceed 2,500 over next 3-4 yrs: JLL

New Delhi [India], January 29 (ANI): The number of Global Capability Centres (GCCs) units in India will exceed 2,500 over the next 3-4 years, as against over 1,950 units now, JLL, a global commercial real estate and investment management company anticipated in a report. Show Full Article According to the report as of December 2024, [ ]
The number of Global Capability Centres (GCCs) in India is expected to surpass 2,500 within the next three to four years, according to a report by JLL. Currently, there are over 1,580 GCCs in the country, and this growth is driven by the need for cost-effective talent and the strategic importance of India in global business operations. The report highlights that GCCs are not only expanding in traditional hubs like Bangalore, Hyderabad, and Pune but are also setting up in emerging cities such as Ahmedabad and Kolkata. This expansion is fueled by sectors like technology, BFSI, and engineering R&D, with a significant increase in demand for office space, projected to reach 60-62 million square feet by 2025.

Read the Full ThePrint Article at:
https://theprint.in/economy/global-capability-centres-in-india-to-exceed-2500-over-next-3-4-yrs-jll/2468300/

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