Project News Detail
| Project No : | 205082 |
|---|---|
| Project Title : | IWG aims for 500 centres across India, to expand in tier-2 & 3 cities in India. |
| Company Name : | Private Company |
| Project Detail : | UK-based co-working giant IWG has set a target to expand its footprint in India to 500 centres within the next three to five years. Currently operating 105 centres across 28 cities, the company is focusing on tier-2 and tier-3 cities as key growth areas. IWG’s CEO for the Middle East, APAC, and Africa, Marc Descrozaille underscores the shift in demand for flexible workspace solutions beyond India’s major urban centres. The current economic climate in India, marked by a surge in entrepreneurial ventures and business expansions, presents an ideal environment for IWG’s growth. Additionally, the pandemic-driven transformation in work culture has made hybrid and flexible work models more acceptable and even preferred, which supports IWG’s business strategy. IWG’s strategic move to tap into emerging markets beyond metros aims to support a diverse clientele, including startups, SMEs, and remote professionals, thereby broadening its reach in India’s evolving office space landscape. |
| Project Location : | Multi Location (Multi State) - Multi State - India |
| Project Estimation : | Refer Document |
| Status : | Announced |