Mumbai’s skyline may symbolize India’s corporate ambition, but it’s the rapid proliferation of Global Capability Centers (GCCs) that’s rewriting the narrative. In just two years, more than 200 new GCCs have sprouted across the nation, with forecasts predicting a staggering 350 million square foot footprint in the coming 3-4 years.
JLL’s comprehensive report highlights 2025’s pinnacle: 31 million square feet in GCC leasing—the highest ever. This boom is redefining metro dynamics, as cities carve out unique niches in the global services arena.
Market leaders are clear: Bengaluru commands 34-39% with 900+ units, Hyderabad shines in life sciences at 20-23%, and Pune’s 15-20% slice draws firms with its livability and logistics edge. These Tier-1 powerhouses host 90% of activities amid 263 million square feet of premium offices.
‘This data narrates a tale of relentless evolution,’ says Dr. Samantak Das of JLL. The top seven cities have driven 40% of office leasing over the past decade.
Yet, the real excitement brews in Tier-2 markets. From Ahmedabad’s GIFT City buzz to Jaipur and Kolkata’s emerging vibrancy, secondary cities are no longer sidelines—they’re strategic frontiers. Global players are betting big on their infrastructure, talent, and growth potential.
India’s GCC ecosystem isn’t just growing; it’s maturing into a cornerstone of the knowledge economy, promising jobs, innovation, and real estate renaissance.