New Delhi, July 9 (IANS) The next generation of global capability centres (GCCs) will be driven by the strength of the ecosystem they operate in rather than location or incentives alone, Sanjay Kaul, Group CEO and Managing Director of GIFT City, said on Thursday.Speaking at the session on “The Evolving GCC Ecosystem: Key Insights” during the second edition of the National CII GCC Business Summit organised by the Confederation of Indian Industry (CII) in New Delhi, Kaul said the rapid adoption of…
Latest Global Capability Centers News & Updates
New Delhi, July 7 (IANS) Delhi-NCR recorded its highest-ever quarterly take-up of flexible office space in Q2 2026 (April-June), with flex operators accounting for 45 per cent of the region’s total leasing of nearly 3.6 million square feet, according to a report released on Tuesday.The report from CBRE South Asia Pvt. Ltd. cited research, consulting & analytics (17 per cent) and technology (12 per cent) as key demand drivers in the region, while new supply in Delhi-NCR stood at roughly 2 m…
New Delhi, June 2 (IANS) AI is reshaping every layer of the global advertising industry and positioning India to produce global AdTech champions, a report said on Tuesday.The report from consulting firm Redseer said that India’s 2.7 million engineering and technology enrollments annually, 20–24 million GitHub developers and nearly 1,900 global capability centres generating $65–75 billion in exports created a deep foundation for AI‑led product development.As global advertising crossed the…
New Delhi, May 21 (IANS) Commerce and Industry Minister Piyush Goyal on Thursday said India and the United States are working as natural partners and complement each other across sectors, including technology innovation, high precision defence, digital data centres, quantum computing and medical devices.Addressing the annual leadership summit of the American Chamber of Commerce here, the Minister said the partnership between the two countries is strengthened by mutual trust and shared economic i…
New Delhi, May 4 (IANS) Bengaluru has been identified as the world’s fastest‑growing major city by 2035, driven by a strong talent base and its rise as a Global Capability Centre hub, a report said on Monday.The report from property consulting firm Savills said its index — which assessed 245 cities — placed multiple Indian cities in the top 20 and found Asia Pacific accounted for 85 per cent of these fastest‑growing cities.Asia Pacific cities accounted for three-quarters of the top 50 s…
New Delhi, March 26 (IANS) India’s office real estate market has begun 2026 on a strong note, with leasing activity touching 18.3 million square feet in the January–March quarter, a report said on Thursday.This marks a 15 per cent increase compared to the same period last year, according to a report by Colliers India.The growth was largely driven by major cities like Bengaluru and Hyderabad, which together accounted for nearly half of the total leasing activity at 8.7 million square feet.Oth…
New Delhi, March 24 (IANS) Around 95 per cent of women would consider transitioning into an AI-focused role with the right organisational support, a report said on Tuesday.AI is emerging as the most powerful lever to close the gender gap as India currently produces 43 per cent of the world’s female STEM graduates but they hold only 29 per cent of entry‑level tech roles and 14 per cent of C‑suite seats, the report from ANSR and Talent500 said.The report dismantles the “pipeline myth” by…
Bengaluru, March 17 (IANS) India’s office market is poised to sustain its growth trajectory this year, with Grade A demand projected at 70-75 million square feet and new supply at 60-65 million square feet, a report showed on Tuesday.Global capability centres (GCCs) have evolved from traditional back-offices to innovation-driven, domain specialised, technologically integrated centres and are set to drive 30-35 million sq ft of leasing in 2026, accounting for 40-50 per cent of the Grade A offic…
Bengaluru, March 5 (IANS) As Asia Pacific office demand rose 11 per cent in 2025, India alone accounted for nearly 68 per cent of total leasing and 55 per cent of new supply across the top 11 APAC markets, a report showed on Thursday.Total office leasing across the region’s 11 key office markets reached 9.8 million square metres (105.5 million square feet) in 2025, an 11 per cent year‑on‑year increase, anchored by robust Grade A space uptake across major markets including India, Mainland C…
New Delhi, Feb 24 (IANS) Salaries in India are projected to increase by 9.1 per cent in 2026, a slight uptick from 8.9 per cent growth recorded in 2025, a report said on Tuesday.The report from professional services firm Aon plc said salary growth will vary by industry, with real estate or infrastructure and NBFCs expected to deliver the highest increases at 10.2 per cent and 10.1 per cent respectively.Technology Consulting and Services is estimated to be the industry with slowest salary growth …