The Asian market is driving global economic growth and India is emerging as the world\u2019s preferred outsourcing hub. According to the CBRE 2017 Asia Pacific Occupier Survey report released last week, multinational as well as Asia Pacific-based companies have aggressive expansion plans for India and China over the next three years. Interestingly, in the Asia Pacific region, more than 80% of Indian respondents plan to hire more people in the next three years. This reflects India\u2019s growing economy, steady progress in enacting regulatory reforms and booming outsourcing and ITES sector.<\/p>\n
The report took responses from over 450 multinational companies and real estate consultancies and suggests India\u2019s commercial real estate will get a big boost with these expansion plans.<\/p>\n
The major sectors represented included banking and finance (32%), technology and telecommunications (14%), insurance (12%) and manufacturing (12%). \u201cMultinationals\u2019 relentless focus on driving down costs has fuelled Asia Pacific\u2019s booming outsourcing sector,\u201d says the survey<\/p>\n
<\/p>\n
Read more:\u00a0Hindustan Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The Asian market is driving global economic growth and India is emerging as the world\u2019s preferred outsourcing hub. According to the CBRE 2017 Asia Pacific Occupier Survey report released last week, multinational as well as Asia Pacific-based companies have aggressive expansion plans for India and China over the next three years. Interestingly, in the Asia\u2026 Read More »<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[81,149],"class_list":["post-1532","post","type-post","status-publish","format-standard","hentry","category-market","tag-ites-offices","tag-real-estate-investment"],"_links":{"self":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/comments?post=1532"}],"version-history":[{"count":1,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1532\/revisions"}],"predecessor-version":[{"id":1533,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1532\/revisions\/1533"}],"wp:attachment":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/media?parent=1532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/categories?post=1532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/tags?post=1532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}