Global Capability Centers Account for 41% of India's Office Leasing

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Global Capability Centers, offshore units of multinationals, drove 41% of India's office space leasing in the first half of 2024. This demand was reported across the country's top seven cities, according to a report cited by the Economic Times. The significant share highlights the continued expansion of these centers in India. This trend underscores India's role as a key hub for global corporate operations and back-office functions.

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