India’s global capability centers (GCCs) are experiencing explosive growth, with over 200 new centers established in the last two years alone. A new report reveals that the total GCC footprint is projected to surpass 350 million square feet within the next three to four years, signaling a transformative shift in the country’s commercial real estate landscape.
According to the latest analysis from JLL, GCC leasing activity hit a record high of 31 million square feet in 2025, underscoring the sector’s momentum in major metros. This surge reflects India’s emergence as a global hub for innovation and operations, driven by a skilled workforce and cost advantages.
Bengaluru dominates with a 34-39% market share, boasting over 900 units. Hyderabad follows closely at 20-23%, leading in healthcare and biotech. Pune maintains a steady 15-20% share, attracting giants with its quality of life, talent pool, and strategic location.
Dr. Samantak Das, JLL India’s Chief Economist and Head of Research & REIS, noted, ‘The numbers paint a picture of sustained growth and maturity. Over 90% of current GCC activity is concentrated in Tier-1 cities, which house more than 263 million square feet of Grade A office space across the top seven urban centers.’
Tier-2 cities are also rising fast. Ahmedabad’s industrial corridors and GIFT City, alongside Kolkata and Jaipur’s cultural appeal, are evolving into business powerhouses. This isn’t mere geographic expansion; it’s a strategic pivot fueled by robust ecosystems and untapped opportunities.
As global enterprises diversify beyond traditional hubs, India’s GCC story is poised for even greater acceleration, reshaping urban development and economic prospects nationwide.