The market for co - working facilities in India is expected to grow by 50 % to reach over a million square feet of office space by the end of the year , with an estimated value of $ 400 million . Although big organizations create more employment opportunities, small- to mid-sized businesses are the lifeblood of the local economy. The manager of IWG Spaces in India , Harsh Lambah , said the growing popularity of the spaces is more due to their location , facilities , atmosphere and networking opportunities than their affordability . He also highlighted security and convenience as being key attractions for customers . The estimated potential market for co - working spaces in India is over one million people .
The market for co - working facilities in India is expected to grow by 50 % to reach over a million square feet of office space by the end of the year , with an estimated value of $ 400 million . The manager of IWG Spaces in India , Harsh Lambah , said the growing popularity of the spaces is more due to their location , facilities , atmosphere and networking opportunities than their affordability . He also highlighted security and convenience as being key attractions for customers . The estimated potential market for co - working spaces in India is over one million people .