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MNCs office space leasing for R&D base in India rose five-fold in 2014-19 period: Report
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MNCs office space leasing for R&D base in India rose five-fold in 2014-19 period: ReportPTI
Last Updated: Dec 28, 2020, 04:20 PM IST
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The property consultant has recently released its report titled Global Capability Centers Making India the Cradle of Global R&D that analyses the Indian Global Capability Centers (GCC) industry, its evolution over the years and key growth drivers.
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The share of captive centers in the overall office demand has risen to 20.9 per cent during 2019 from a mere 8 per cent in 2014, the consultant said in a statement.