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Hyderabad’s GCC Hub Set to Add 70 Centres Within Year
Hyderabad is becoming a major location for offices run by global companies.
These offices are called Global Capability Centres, or GCCs.
A report says the city already has about 515 GCCs.
Together, they employ more than 3 lakh people.
The report expects 50-70 more centres to open within a year.
Companies are choosing Hyderabad because it has many skilled workers and lower office costs than Bengaluru.
GCCs in the city now work in areas such as technology, banking, healthcare and life sciences.
More office buildings are also being planned to support this growth.
Hyderabad has around 515 Global Capability Centres employing more than 3 lakh people, according to a FICCI-Anarock report.
The city accounts for about 20% of India’s Global Capability Centres.
Foreign-company office leasing for GCCs rose from 1.9 million sq ft in 2021 to 4.5 million sq ft in 2025.
Another 50-70 GCCs are expected in Hyderabad within a year across technology, engineering, BFSI, life sciences, analytics, consulting and digital operations.
Hyderabad’s Grade A office stock totals 125 million sq ft, with another 36 million sq ft expected over the next few years.
- Who
- Global companies, FICCI, Anarock and Hyderabad’s office-market stakeholders are involved.
- What
- Hyderabad has around 515 GCCs and is expected to add 50-70 more within a year.
- Where
- Hyderabad, India.
- When
- The report counted GCCs as of March 2026 and cited leasing data through the first six months of the year.
- Why
- Companies are attracted by Hyderabad’s large talent pool, lower prime office rents and expanding multi-sector business ecosystem.
Key facts
- Existing GCCs
- Around 515 as of March 2026
- GCC employment
- More than 3 lakh people
- Expected additions
- 50-70 GCCs within a year
- Office leasing
- 4.5 million sq ft in 2025, up from 1.9 million sq ft in 2021
- Prime office rent
- Rs 95-115 per square foot
- Grade A office stock
- 125 million sq ft
- Planned new supply
- Around 36 million sq ft over the next few years
Quotes
Shirish Godbole
CEO of Sattva Group and Blackstone-sponsored Knowledge Realty Trust
“The sustained leasing momentum reflects the deepening of Hyderabad's GCC ecosystem and the increasing preference of global enterprises to establish larger and more sophisticated operations in the city.”
deccanchronicle.com
“The GCC boom reinforces Hyderabad's position as one of India's most important office markets for the next decade.”
deccanchronicle.com
Sources
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