Skip to content Skip to left sidebar Skip to right sidebar Skip to footer

Tag: Global Capability Centres

Hyderabad Emerging as Preferred Destination for GCCs, Says Sridhar Babu

Hyderabad: Telangana is positioning itself as a major global hub for electronics manufacturing by developing a complete end-to-end ecosystem that extends beyond device assembly, IT and Industries Minister Duddilla Sridhar Babu said on Saturday.

Speaking during an interaction at the Secretariat, the minister emphasized that electronics manufacturing is a key pillar of the state’s industrial and economic growth.

Congratulating Hyderabad-based Radiant Appliances and Electronics Private Limited for achieving the milestone of manufacturing 10 million television units, he said the accomplishment reflects the growing strength and maturity of Telangana’s industrial sector.

Sridhar Babu noted that the government is focused on creating a comprehensive electronics value chain covering component manufacturing, printed circuit board assembly, semiconductors, and smart devices.

Referring to India’s target of reaching $500 billion in electronics production by 2030, he said Telangana is well placed to make a strong contribution to the national goal.

The minister added that Hyderabad is increasingly attracting global capability centres (GCCs) and major companies due to its highly skilled talent pool, world-class infrastructure, smooth road connectivity with relatively low traffic congestion, and affordable commercial rentals.

He said the state government is strengthening infrastructure, extending policy support, and promoting industry-academia collaborations to build a future-ready workforce and attract high-value, export-oriented investments.

Hyderabad to Remain Key Driver of India’s Office Market in 2026

Hyderabad: The city is poised to maintain its status as one of India’s leading commercial real estate hubs in 2026, with both office space demand and supply projected at 10–12 million square feet, according to a report by Colliers.

At the national level, India’s Grade A office market is expected to remain strong, with total demand estimated at 70–75 million square feet and new supply likely to reach 60–65 million square feet in 2026. This growth will be driven by a diversified occupier base, expansion of Global Capability Centres (GCCs), and increasing adoption of flexible workspace models.

The report, titled “2026 India Office: Unlocking Agility, Vitality and Flight-to-Quality,” highlights that Hyderabad, along with Bengaluru and Delhi-NCR, will anchor the next phase of growth in India’s office sector. These cities are expected to benefit from strong leasing momentum, consistent supply additions, and sustained occupier interest in premium office assets.

Hyderabad, in particular, continues to stand out due to its robust technology ecosystem, cost competitiveness, and availability of high-quality Grade A office space. These factors have made it a preferred destination for multinational companies, especially GCCs and large corporate occupiers seeking scalable and efficient workspaces.

With steady demand fundamentals and a favorable business environment, Hyderabad is expected to play a pivotal role in shaping India’s commercial real estate landscape in the coming years.