‘Hyderabad powering India’s GCC growth’: Telangana IT minister at Mahindra University policy centre launch | India News – The Times of India

‘Hyderabad powering India’s GCC growth’: Telangana IT minister at Mahindra University policy centre launch | India News – The Times of India

Mahindra University on Tuesday announced the launch of its Economic Policy Centre, aimed at advancing research and policy dialogue on key economic issues, with Telangana IT minister D Sridhar Babu highlighting Hyderabad’s growing dominance in the global capability centre (GCC) ecosystem.Speaking at the inaugural event themed “Hyderabad: Powering India’s GCC Ecosystem”, Babu underlined the role…

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GCC demand surges: Foreign firms lease record 9.1 mn sq ft office space in Jan-Mar; India cements global hub status – The Times of India

GCC demand surges: Foreign firms lease record 9.1 mn sq ft office space in Jan-Mar; India cements global hub status – The Times of India

Foreign firms leased a record 9.1 million square feet of office space across India’s top nine cities during the January-March quarter to set up Global Capability Centres (GCCs), highlighting strong demand for workspaces, PTI reported citing CBRE data.Real estate consultant CBRE said total gross leasing of office space rose 5% to 20.7 million square feet…

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Middle East tensions: Firms return to WFH, travel curbs as Iran targets UAE – The Times of India

Middle East tensions: Firms return to WFH, travel curbs as Iran targets UAE – The Times of India

BENGALURU: With the West Asia crisis escalating and recent Iranian strikes targeting the UAE, several IT companies and global capability centres (GCCs) have activated their business continuity plans (BCPs), introducing measures such as work-from-home, travel advisories and temporary office closures.Amid rising geopolitical uncertainty, many tech firms and GCCs are increasingly relying on India as a…

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Office market: Lower rentals put Navi Mumbai on GCC radar, says CRE Matrix – The Times of India

Office market: Lower rentals put Navi Mumbai on GCC radar, says CRE Matrix – The Times of India

Lower office rentals are helping Navi Mumbai emerge as a preferred destination for multinational companies and global capability centres (GCCs), with rents in the city about 21% below the average of major Tier-I markets, according to a report by real estate data analytics firm CRE Matrix.The report, ‘Navi Mumbai Rising: A Comprehensive Perspective on India’s…

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India’s GCC momentum: No longer offshore units, they are growth and job creation engines — and why they can’t be ignored – The Times of India

India’s GCC momentum: No longer offshore units, they are growth and job creation engines — and why they can’t be ignored – The Times of India

India’s Global Capability Centre (GCC) ecosystem is entering a decisive phase. Long seen as cost-efficient offshore back offices, GCCs are now becoming central to how global corporations build products, deploy technology and make strategic decisions. With evolving hiring patterns, and traditional IT services firms feeling the heat, the GCC story has moved well beyond topline…

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India office leasing touches record 86.4 mn sq ft in 2025: Knight Frank – The Times of India

India office leasing touches record 86.4 mn sq ft in 2025: Knight Frank – The Times of India

India’s office real estate market posted its strongest performance on record in 2025, with annual gross leasing touching an all-time high of 86.4 million square feet, according to Knight Frank India’s latest India Real Estate – Office and Residential Market (H2 2025) report.Leasing activity rose 20% year-on-year, surpassing the previous peak achieved in 2024 and…

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Tech jobs: GCC sector may add up to 4 million jobs by FY30, faces tougher compliance norms in India, says report – The Times of India

Tech jobs: GCC sector may add up to 4 million jobs by FY30, faces tougher compliance norms in India, says report – The Times of India

India’s fast-growing Global Capability Centre (GCC) ecosystem — which already employs 1.9 million professionals — is set to create an additional 2.8 to 4 million jobs by FY30, according to a new report by TeamLease. But as expansion accelerates, the study warns, operators will face an increasingly complex regulatory and compliance environment, PTI reported.The report,…

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Office rent growth: Bengaluru, Delhi-NCR, Mumbai see 4.3% YoY rise; leasing activity set to hit 50 mn sq ft – The Times of India

Office rent growth: Bengaluru, Delhi-NCR, Mumbai see 4.3% YoY rise; leasing activity set to hit 50 mn sq ft – The Times of India

India’s top office markets—Bengaluru, Delhi-NCR and Mumbai—saw an average 4.3 per cent year-on-year growth in prime office rents during July-September 2025, according to real estate consultant Knight Frank. As per news agency PTI, leasing activity across these cities is expected to reach 50 million sq ft in 2025, surpassing last year’s record of 41 million…

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