India is set to be among the world's top 10 tech markets by 2025, with a hallmark position in availability of talent in technology, as per a report published by Colliers on Thursday. India's six main cities are among the top 10 hotspots for tech talent recruitment in the Asia-Pacific (APAC) region.
The report mentions APAC's increasing position as an international tech talent hotspot, with Bengaluru, Tokyo, and Beijing being among the top 10 international hotspots for tech professionals.
"India is a hub of tech talent and a significant contributor to the global innovation network, backed by access to skilled talent and job opportunities in Tier I as well as newer cities of the country," said Arpit Mehrotra, Managing Director, Office Services, India, Colliers.
India's leading technology clusters combined contribute 69% of the region's overall tech pool. Bengaluru and Hyderabad, with the largest talent pools in the region, remain at the driving seat of tech office leasing, accounting for close to half of the total conventional office space absorption for H1 2025.
With the presence of high-grade office space, sound IT infrastructure, and cost competitiveness, India's office markets will remain in the forefront among the leading global economic expansion destinations driven by technology," Mehrotra further said.
The study, which looked at more than 200 international markets, measured factors including talent recruitment, venture capital investments, labor trends, educational pipeline, and industry mix. It ranked India as one of the leading destinations for tech talent in the world, and in the APAC region as well.
Bengaluru and Hyderabad are still the leaders of India's technology ecosystem, closely trailed by other metropolises that continue to draw multinational technology companies because of their talented workforce as well as advanced tech ecosystem.
Tech firm demand continues to propel India's office real estate market. During H1 2025, tech companies took on more than 10 million square feet of office space in the country's leading seven cities, representing 40% of traditional office leasing demand. This trend carries over to the flex office sector, where close to 50% of the demand is also from tech occupiers.
Global Capability Centres (GCCs) and particularly those in the technology sector are driving India's real estate momentum. Initially focused on back-office operations, these centres are transforming into strategic innovation hubs.
"India continues to be a top choice for international corporations, especially the technology sector, with GCCs consistently transforming from generic back-office locations to strategic centres of innovation. During H1 2025, tech occupiers have leased 41 per cent of overall GCC space amounting to 5.2 million sq ft. Notably, Bengaluru, Delhi-NCR and Hyderabad together contributed more than 85% of demand," said Vimal Nadar, National Director and Head of Research, Colliers India.
India's ongoing emphasis on scalability, cost efficiency, and innovation has helped to cement its position as a global hub for tech-enabled growth and investment.
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