South India Drives GCC Office Leasing in Early 2025

Big companies are choosing to rent office space in India, especially in South India.

In early 2025, cities like Bengaluru, Chennai, and Hyderabad saw the most new office space rented by these companies.

These companies are called GCCs.

The amount of office space leased by GCCs grew significantly compared to last year, showing that these companies are growing quickly.

The IT/ITES sector accounts for a large part of this growth, with others like manufacturing and e-commerce also contributing.

There are a lot of these companies in India, employing many people and worth billions of dollars.