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India offers the best cost and talent attractiveness score among the top emerging GCC hubs including Brazil, Chile, China, Czech Republic, Hungary, Philippines, and Poland. By 2025, it is estimated that there will be 1900 operational GCCs in the country from the current 1580. Similarly, the number is expected to reach 3,000 by 2030 with GCCs employing over 3 million workforce, up from 1.3 million

While top companies including Reliance Retail, Aditya Birla Fashion and Retail (ABFRL), D'Mart, Tata's Trent, Shoppers Stop, Lifestyle and Starbucks continued to add stores, companies such as Uniqlo, Latin Quarters, Meena Bazaar and Lee and Wrangler have also started expanding brick and mortar stores.

The Sustainability Committee is responsible for overseeing the development and implementation of ICAEW’s strategy and policies on sustainability.

Developers in India are expecting a significant increase in office space supply between 2023-2025, with more than 165 million sq ft set to be developed. Bangalore and Hyderabad are expected to dominate this supply, accounting for nearly half of it. Despite global downsizing of office space, India continues to witness healthy leasing activity, with 56.6 million sq ft absorbed in 2022, a 40% YoY increase.

Between 2023-2025, Bengaluru will lead the office space supply, accounting for 29% of the total supply in India, followed by Hyderabad at 20%, Delhi-NCR at 17%, Pune at 12%, Chennai at 11%, Mumbai at 9% and Kolkata at 2%.