Google has reportedly leased a new office space in Whitefield, Bengaluru, a step towards strengthening its presence in India.
Google has recently obtained a large office area of 649,000 square feet, a report by the Economic Times said as part of its expansion strategy in India. The new space is said to be located in Alembic City, Whitfield, Bengaluru.The monthly rental is Rs.62 per square foot for a three-year lock-in period, the total amounting to more than Rs. 4 crore per month. However, nothing has been announced formally by Google yet.
In the past few years post pandemic, India has seen substantial workspace expansion by Google. In 2022, it extended its lease for a significant 600,000 square feet of office space in Hyderabad and acquired a 1.3 million square foot space in Bengaluru through a deal with Bagmane Developers. The Company now boasts a presence in over five Indian cities, occupying 9.3 million square feet of real estate, sources have said to the ET.
Recently Reuters published a report that Google has partnered with the Taiwanese tech giant Foxconn to make its pixel smartphone in Tamil Nadu, starting with Pixel 8 model. The company also has plans of launching independent drone production in the state seeing India’s significant growth as a market.
Besides expanding workspace, the company has demonstrated a strong commitment to the Indian market through its recent initiatives. In a recent blog post, Google has declared that India holds a top spot as a target market for Pixel smartphones, and their dedication is to deliver top-notch hardware and software features to people nationwide.Seeing India’s emergence as a global manufacturing hub, the company has expressed its pleasure to join ‘Make In India’ initiative.
India is currently witnessing a surge in flexible workplace demand as IT firms return to offline work after Covid-19. With Google’s expansion, big companies are expecting a significant increase in this demand for adaptable workspaces in the years ahead.