Bengaluru continues to be India’s GCC capital: Report

Why in news

A FICCI-ANAROCK report highlighted Bengaluru's continued dominance as India's primary hub for Global Capacity Centre (GCC) leasing in 2025.

Background

Bengaluru accounted for nearly 40% of office leasing across top Indian cities in 2025. The city's office absorption grew from 7.7 million square feet in 2021 to 14.93 million square feet in 2025.

Facts for Prelims

• FactBengaluru captured over one-third of India's total GCC leasing activity in 2025
• FactBengaluru accounted for nearly 40% of office leasing across top Indian cities
• FactOffice absorption in Bengaluru reached 14.93 million square feet in 2025
• FactGrowth in office absorption was driven by IT-ITeS, coworking operators, and manufacturing segments

For Mains

Q. Analyze the factors contributing to Bengaluru's emergence as a global hub for GCCs and its implications for India's industrial growth.

Dimensions to cover in your answer

• Agglomeration economies: Concentration of tech talent and innovation clusters creating a self-reinforcing growth cycle
• Infrastructure demand: Rapid office absorption necessitating scalable urban planning and manufacturing-grade logistics

Keywords: Agglomeration economies · GCC leasing · IT-ITeS sector · Innovation clusters · Office absorption

More Economy notes

• Work underway to make Maharashtra a $1 trillion economy, State development corporation chiefs say · 19 February 2026
• Bengaluru-Goa Vande Bharat train proposed with 13-hour journey time · 19 February 2026
• Odisha’s public debt likely to increase to 15.7% of GSDP from current 13.6% over next five years · 19 February 2026
• Andhra Pradesh Labour Department invites feedback on new labour codes · 19 February 2026
• Andhra secures Waaree Energies’ battery giga-factory with ₹8,175 crore investment · 19 February 2026
• Government to upskill, reskill IT workforce amid AI challenges: Ashwini Vaishnaw · 19 February 2026

All Economy current affairs →