U.S. Companies are top occupiers in India
Improving infrastructures such as IT infrastructure in terms of data management, networking and telecom services combined with building infrastructure facilities at a lower cost have become main attractions for American companies. American companies are the biggest occupiers of office space in India occupying about 48% of grade ‘A’ space and they continue to expand their operations leveraging the low costs and highly-skilled resource base in the country. This is followed by domestic companies, which account for about 37% of the office space absorption. Companies from the European Union take the third spot with around 10% while APAC countries and the rest of the world account for about 5%.
A US-based company that founded its Indian Headquarters at Hyderabad in 1990 now has two subsidiary offices in Gurgaon and Bangalore. Improvements in IT infrastructure have enabled this expansion and continued investment in the Indian market. The company has come a long way from its start in India in 1990.
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