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LIFE SCIENCES GCCS
Table Space adds 5 lakh sq ft in Hyderabad amid rising GCC demandTable Space has significantly expanded its Hyderabad presence by adding nearly 500,000 square feet of workspace. This growth is fueled by i...- Ahmedabad eyes GCC spotlight with Rs 15,000 crore Ganesh Housing tech cityGujarat is looking to boost its technology and services sector, with Ahmedabad being positioned as a global hub for innovation and high-ski...
- BASF to set up global service, digital hub in HyderabadBASF, a major chemical company, will establish a new global service and digital hub in Hyderabad. This facility is slated to open in the se...
- Ability to integrate AI into decision-making is fast becoming a critical performance indicator: Randstad Digital's Graig PaglieriAI has become a core part of business strategy, with nearly 90% of technologists in India now expected to use it in their roles, according ...
- Over 2,000 filings a year: The compliance cost of India's GCC boomIndia leads the world in Global Capability Centres, but these innovation hubs face over 500 legal rules and 2,000 annual filings. This comp...
- Global firms rent 101 m sq ft space in last 5 years for GCCs in India: ColliersGlobal firms are rapidly expanding their Global Capability Centres in India, with US companies alone occupying around 71 million sq ft of o...
- Return-to-office push, business growth to drive India’s office demandIndia's office market is poised for significant growth, fueled by return-to-office mandates and business expansion. Domestic firms are incr...
- Global Capacity Centres to drive 35-40% of India's office space absorption in 2025: CBREIndia's office space market is poised for robust growth in 2025, with Global Capacity Centres (GCCs) anticipated to drive significant deman...
- Gender pay gap persists in GCCs; women earn less across levels, says studyA TeamLease Digital study reveals a gender pay gap in Indian technology GCCs, with men earning significantly more than women, especially in...
- BFSI firms fuel India’s office leasing surge with over 100% YoY growth in Q1 2025In Q1 2025, India's office leasing market saw significant growth, with gross absorption reaching 18 million sq. ft., a 5% YoY increase. The...
- GCCs evolve beyond IT, ramp up hiring for specialised techGlobal Capability Centers (GCCs) are evolving beyond IT functions, prioritising innovation and domain expertise. Hiring for specialised tec...
- Chennai’s office stock set to exceed 100 million sq ft by 2026 endChennai's office stock is set to surpass 100 million sq ft by 2026, driven by increased private equity investments. The city’s office marke...
- Hyderabad office stock projected to surpass 200 million square ft by 2030Hyderabad's office stock is projected to exceed 200 million sq. ft. by 2030, driven by strong demand from global firms. The city has emerge...
- India set to host GCCs of over 620 Forbes Global 2000 companies by 2030The talent base at these GCCs is set to climb 45% to 1.9 million over this period. At present, 450 of these [just making it clearer that it...
- Life sciences GCCs find a home in SouthMultinational life sciences companies are flocking to southern India, driving record office leasing projected to reach 4 million square fee...
- EPAM and GCCs in India: Driving Mutual Growth and Development through Modern EngineeringThe growth of global capability centers (GCCs) in India is reshaping the technology ecosystem. IT services from GCCs are expanding due to d...
- Biotech giant Amgen plans to open to technology & innovation centre in HyderabadUS biotech giant Amgen announced plans to open a new technology and innovation site in Hyderabad, India. The site will be located in HITEC ...
- Bangalore remains frontrunner in GCC office leasing, followed by Hyderabad ChennaiGCCs in India leased 53 million sq. ft. of office space from 2022 to H1 2024, driven by India's talented workforce and cost benefits. They ...
- Stepping up: India-based global capability centres get a bigger say at multinational firmsGlobal roles in India expanded to 6,500 in 2023, with projections indicating a big jump to 30,000 by 2030, as per data from Zinnov. Most of...
- Global capability centres lease 17% more space in FY24Global capability centres (GCCs) increased their space usage by 17% in FY 2023-24, reaching 22.5 million sq ft, driven by engineering, BFSI...
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