WeWork is planning to double the portfolio of its Indian business in 2019 and expand into new cities including Chennai, Pune and Hyderabad. The company aims to increase its footprint to six million sq ft and it also plans to expand WeWork Labs, opening 10 locations across the country. Since commencing operations in July 2017, WeWork India, a JV with Embassy Group, has opened 21 offices with a total of 35,000 desks. In addition to these developments, WeWork’s India office will be expanding by adding two more floors at its existing premises on Park Street in Mumbai.
WeWork is planning to double the portfolio of its Indian business in 2019 and expand into new cities including Chennai, Pune and Hyderabad. The company aims to increase its footprint to six million sq ft and it also plans to expand WeWork Labs, opening 10 locations across the country. Since commencing operations in July 2017, WeWork India, a JV with Embassy Group, has opened 21 offices with a total of 35,000 desks. It claims to have 20,000 members and to be adding 2,000 new members each month, with 52% of demand coming from larger enterprises.