GCCs to Lease 40-45% of Total Office Space in India This Year

New Delhi, December 9, 2024: It is projected that Global Capability Centers (GCCs) will lease 40-45 per cent  of total office space in India this year, expanding to over 1,900 centers supporting 2 million professionals by 2025. The projection comes with the launch of ORGATEC India, a landmark event focusing on workspace design, furniture, and technology, by Koelnmesse India  Scheduled to debut from November 4th–6th, 2025, at the Jio Convention Centre, Mumbai, ORGATEC India will bring together global and local leaders to explore business opportunities, foster connections, and showcase innovations shaping the future of workspaces.

ORGATEC India highlights innovations in workplace design, including sustainable building technologies, adaptive workspaces, and advanced design solutions.The event is a platform for architects, designers, and corporate leaders, unveiling ergonomic furniture, smart systems, and sustainable solutions.

Preeti Singh, Additional Director General, National Real Estate Development Council (NAREDCO), stated, “At NAREDCO, we are committed to advancing our Honorable Prime Minister’s vision under the PMAY scheme through skilling initiatives, while also prioritizing affordable housing and exploring extensive expansion into tier 2 and tier 3 cities for green and sustainable solutions. We are also launching two new wings: Women Wing of NAREDCO and Youth Wing of NAREDCO Next Gen. We are excited to collaborate with ORGATEC India, whose innovative solutions will provide a holistic overview of architecture and interior solutions, aligning with our goals and vision for a sustainable future.”

Hemant Sud, Institute of Indian Interior Designers (IIID) said, “The Indian Institute of Interior Designers (IIID) is thrilled to collaborate with ORGATEC India, bringing a world-class exhibition experience to our country. As the all-India body for interior design, we leverage our 10,000 members and 35 chapters across India to support ORGATEC’s endeavor. This partnership is poised to be a game-changer for the Indian interior design industry, akin to ORGATEC’s reputation as the leading international trade fair for modern office and facility management. With India’s growing economy making it a prime target for international exhibitions, we warmly welcome ORGATEC to India and look forward to supporting them.”

Ar. Vijay Garg, Council of Architecture, said “The Council of Architecture is eager to support the architect exhibition, which promises to bring sustainable, smart, and innovative products to India. With over 1,80,000 architects in India, we recognize the significance of this event in promoting sustainability and supporting the architecture fraternity. As India continues to develop and grow, sustainability remains a key challenge, and we hope that the exhibition will prioritize sustainable products and solutions, similar to those showcased at ORGATEC, the leading international trade fair. We look forward to welcoming the architect exhibition to India and anticipate a positive impact on the industry, particularly in promoting sustainable products and providing a platform for youngsters and sustainable product manufacturers.”

Mr. Oliver Frese, COO, Koelnmesse GmbH, said, “We are elated to launch ORGATEC India, a pioneering initiative designed to address the evolving needs of today’s fast-paced business landscape. By bringing the best global solutions to the Indian market, ORGATEC India is more than just an exhibition, it’s a transformative movement redefining workspace. This flagship event aims to set new benchmarks in workplace design, innovation, and sustainability, creating an unparalleled platform for collaboration, inspiration, and growth within the industry.”

Mr. Milind Dixit, Managing Director, Koelnmesse Pvt Ltd, said “India’s corporate sector is undergoing transformative growth, driven by multinational corporations, co-working spaces, and the increasing demand for smart, energy-efficient workplaces. With the Indian office furniture market valued at $5.2 billion in 2023 and projected to double by 2032, the focus on collaborative and adaptable solutions like ergonomic chairs and open-plan layouts has never been stronger. As the foremost trade fair for workplace innovation, ORGATEC India will present innovative products, services, and technologies that define the future of modern workplaces and facility management.”ReplyReply AllForward