India's co-working sector is booming, taking 40-50% of the total transacted office space during H1 2018, according to a report by Knight Frank India. However, industry insiders say consolidation among the more than 350 operators is imminent, as the major players look to scale up. IWG operates 120 shared offices under its Regus and Spaces brands and plans to double that figure over the next three to four years.
India's co-working sector is booming, taking 13% of the total transacted office space during H1 2018, according to a report by Knight Frank India. However, industry insiders say consolidation among the more than 350 operators is imminent, as the major players look to scale up. IWG operates 120 shared offices under its Regus and Spaces brands and plans to double that figure over the next three to four years.