GCC Demand Fuels India's Flexible Office Boom: Awfis CMD Amit Ramani

• Global Capability Centres (GCCs) are a key growth driver for India's flexible and managed office space, says Awfis CMD Amit Ramani.
• GCCs account for over 70% of Awfis's large corporate demand and are expected to contribute 50-60% of overall industry demand.
• Managed offices appeal to GCCs due to flexibility, speed, cost efficiency, and integrated services, especially for new entrants lacking infrastructure.
• GCC contracts typically have longer tenures (3+ years) and offer higher margins (30-40%) for Awfis.
• Awfis targets ₹1,500 crore revenue in FY26 (30% growth) and aims to capture 25-30% of new GCC demand in India.

Why It Matters: GCC demand is rapidly expanding India's flexible office market, with Awfis a key beneficiary.