Monday, 20 July, 2026
From Blue-Collar to Tech Hubs: Manufacturing Powers India’s Office Boom
By TechShots Studio
Global Capability Centres (GCCs) leased 15.8 million sq ft of office space in H1 2026—a 14.2% year-on-year surge accounting for 41.7% of top-city leasing. Multinational manufacturers are driving this shift by bringing high-value R&D, product engineering, and AI functions to India. This resilient demand kept national office vacancy rates at a 5-year low of 14.5%, broadening India's commercial growth beyond traditional tech firms.
Read full story at CIO ECONOMIC TIMES