Expect to have over 50 World Trade Centres in India in the next 5-7 years: Chairman of the World Trade Centres Association (WTCA), Mr. John E. Drew

The World Trade Centre (WTC) is poised for expansion in India's stable office market amidst global uncertainties. Chairman of the World Trade Centres Association (WTCA), Mr. John E. Drew, delves into the WTC brand's performance, growth drivers, and expansion plans in India and globally. He underscores the pivotal role of effective management in driving the success of trade centres, emphasizing the importance of commitment and trustworthiness in attracting businesses, regardless of the city's name.

The WTC brand's growth in India is fuelled by its esteemed reputation and association with quality, alongside the robust expansion of the Indian economy. Looking ahead, WTCA aims to establish 10 new trade centres in India over the next five to seven years, augmenting its current count of 40. He reaffirms the association's dedication to upholding service quality and ensuring new locations' success, tailored to local economic dynamics. Additionally, he discusses the evolving landscape of the global office market, highlighting the impact of post-pandemic remote work trends and the growing preference for sustainable office spaces.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.