Read on Twitter
As per NASSCOM report 100 GCC’s were set up in CY2022.
Was reminded of a 2022 report from Morgan Stanley and Ridham Desai spoke eloquently about this Megratrend last year :
INDIA is going to be the “Office of the World”🎯 @rndx1
Are you playing this theme ?
Was reminded of a 2022 report from Morgan Stanley and Ridham Desai spoke eloquently about this Megratrend last year :
INDIA is going to be the “Office of the World”🎯 @rndx1
Are you playing this theme ?
Having worked in a GCC 8 years ago, it did help me connect the dots .
I am playing this theme via #REITS
How the tables have turned 👇🏻
2019 it was IT/ITES that led this space , in 2023 it’s GCC.
Nothing is PERMANENT!🎯
#Office #changingIndia
Observe . Learn . Evolve .
I am playing this theme via #REITS
How the tables have turned 👇🏻
2019 it was IT/ITES that led this space , in 2023 it’s GCC.
Nothing is PERMANENT!🎯
#Office #changingIndia
Observe . Learn . Evolve .
Here’s the kicker though:
500 more GCCs are expected to come to 🇮🇳 over the next few years !
500 more GCCs are expected to come to 🇮🇳 over the next few years !
Just to elaborate the point :
In the #Q4FY23 ConCall of #Embassy REIT they highlighted:
55% of their Tenants are GCC
15% of their Tenants are PRODUCT TECH
That’s 70% of their Portfolio !!
ITES is just 15% of their Portfolio 😅
No Recommendation . Just for analogy.
In the #Q4FY23 ConCall of #Embassy REIT they highlighted:
55% of their Tenants are GCC
15% of their Tenants are PRODUCT TECH
That’s 70% of their Portfolio !!
ITES is just 15% of their Portfolio 😅
No Recommendation . Just for analogy.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
