IWG is exploring ways to double its portfolio of properties in India over the next three to four years . It will also roll out its franchise brand in the country . " IWG is aggressively rolling out its franchise model across the globe. Deploying the three - pronged approach of organic growth , acquisitions and franchise licences , the group is seeking markets with strong demand and a decent pool of commercial real estate stock , according to Kamal Lambah , country manager for India . Pointing to consolidation in the market , Lambah did not rule out acquisitions , but said the company has not yet identified any suitable deals . The company , which currently operates 120 flexible office centres under the Walls and Spaces brand in the country , sees considerable potential in India ’s Tier II cities and plans to roll out its other three brands in India next year .
IWG is exploring ways to double its portfolio of properties in India over the next three to four years . It will also roll out its franchise brand in the country . Deploying the three - pronged approach of organic growth , acquisitions and franchise licences , the group is seeking markets with strong demand and a decent pool of commercial real estate stock , according to Kamal Lambah , country manager for India . Pointing to consolidation in the market , Lambah did not rule out acquisitions , but said the company has not yet identified any suitable deals . The company , which currently operates 120 flexible office centres under the Walls and Spaces brand in the country , sees considerable potential in India ’s Tier II cities and plans to roll out its other three brands in India next year .