1 hr ago
IWG Plans to Triple India Workspaces Within Three Years
International Workplace Group, or IWG, provides places where people and companies can work flexibly.
It currently has 125 centres in India and plans to grow to more than 400 within three years.
The company also has 200 additional locations in development.
It wants to bring its small, unmanned Openoffice workspaces to India by late 2026.
These spaces would let customers enter, work and leave without regular staff being present.
IWG is also exploring special spaces for clinics, medical work and warehouses.
The company says flexible offices are becoming popular because they can cost less and require less investment.
Its expansion is limited by the difficulty of finding buildings with required safety and occupancy approvals.
International Workplace Group operates 125 centres in India and has 200 more in its pipeline.
IWG aims to have more than 400 Indian workspaces within the next three years.
The company plans to launch its unmanned Openoffice concept in India by the fourth quarter of 2026.
IWG is considering specialised clinics, medical spaces and warehousing as part of its expansion strategy.
India’s flexible-office market is growing, with estimates projecting substantial increases in space through 2030.
- Who
- International Workplace Group (IWG), which operates brands including Regus, Spaces and HQ.
- What
- IWG plans to increase its Indian workspaces from 125 to more than 400 within three years and launch Openoffice in India.
- Where
- India, including potential expansion into Tier 2 and Tier 3 markets.
- When
- The expansion is planned over the next three years, with Openoffice targeted for the fourth quarter of 2026.
- Why
- Demand for flexible workspaces is rising because they can offer lower costs and require relatively less capital expenditure.
Key facts
- Current Indian centres
- 125
- Indian locations in pipeline
- 200
- Three-year target
- More than 400 workspaces in India
- Openoffice launch target
- Fourth quarter of 2026
- Global footprint
- More than 5,000 centres across over 120 countries
- Global locations signed in first half of 2026
- 728, including 43 in India
- India flex-space estimates
- JLL estimates 98 million square feet across the top seven cities currently, rising to about 137 million square feet by 2028
Quotes
Harsh Lambah
Country head of IWG in India
“There are a lot of buildings available, but the occupation certificate (OC) and the fire NOC (no objection certificate) are not available”
financialexpress.com
“Nobody has that network all across. Our customer in Mumbai or in Delhi has access or a key to all these centres globally”
financialexpress.com
Sources
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