In the second half of 2023, 42 percent of office spaces in India based on transactions, were utilized by global capability centers, while 38 percent were occupied by India-facing companies. Transactions of global capability centers grew by 16 percent in comparison to the same period in the previous year.
Distribution of office transactions in India in the second half of 2023, by end-use
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Global capability centres refer to businesses that provide a range of services to a single offshore companies.
India facing refers to companies that have India focused businesses. Flex refers to businesses that provide office space solutions to other businesses with flexibility in various aspects. Third party IT services refer to companies that provide IT or IT enabled services to offshore clients.
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Knight Frank. (January 3, 2024). Distribution of office transactions in India in the second half of 2023, by end-use [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1472566/india-share-office-transaction-by-end-use/
Knight Frank. "Distribution of office transactions in India in the second half of 2023, by end-use." Chart. January 3, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1472566/india-share-office-transaction-by-end-use/
Knight Frank. (2024). Distribution of office transactions in India in the second half of 2023, by end-use. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1472566/india-share-office-transaction-by-end-use/
Knight Frank. "Distribution of Office Transactions in India in The Second Half of 2023, by End-use." Statista, Statista Inc., 3 Jan 2024, https://www.statista.com/statistics/1472566/india-share-office-transaction-by-end-use/
Knight Frank, Distribution of office transactions in India in the second half of 2023, by end-use Statista, https://www.statista.com/statistics/1472566/india-share-office-transaction-by-end-use/ (last visited July 22, 2024)
Distribution of office transactions in India in the second half of 2023, by end-use [Graph], Knight Frank, January 3, 2024. [Online]. Available: https://www.statista.com/statistics/1472566/india-share-office-transaction-by-end-use/
