Tag: GCCs

  • The role of marketing in the evolution of corporate transport-as-a-service (TaaS) platforms in India

    The role of marketing in the evolution of corporate transport-as-a-service (TaaS) platforms in India

    MUMBAI: India is at a pivotal moment in rethinking how businesses move people. As companies continue to grow in a post-pandemic, sustainability-focused era, safe and efficient employee transport is more critical than ever. AI-powered transport-as-a-service (TaaS) platforms—once seen as futuristic—are now driving tangible efficiencies and smarter mobility.

    In a landscape long dominated by legacy systems and fragmented vendors, successful adoption increasingly depends on strategic marketing that builds trust and drives behaviour change. As more companies shift to integrated, tech-enabled solutions, India’s employee transportation market is poised to reach $13.2 billion by 2030—propelled by the expansion of GCCs, rising focus on employee well-being, and environmental accountability. 

    However, the concept of TaaS is still relatively new to many businesses, especially those in tier 2 and tier 3 cities. And with TaaS providers rapidly growing in India, standing out now hinges on strategic marketing—not just tech. So how does marketing drive all this? Rather than flashy promotion, the focus has pivoted to education, translating AI-driven, real-time transport orchestration into boardroom value. Marketing teams are now playing a crucial role in educating decision-makers about the cost, environmental, safety and operational benefits of transitioning from legacy transport models to digital-first, on-demand solutions. 

    Targeted content campaigns, engaging webinars, whitepapers, industry events, data-driven campaigns, and fact-based storytelling have become prime levers for TaaS marketers to successfully communicate the advantages of reduced overheads, improved route optimization, and enhanced employee satisfaction.  

    Powerful sources such as Google India’s Think with Google: B2B Playbook indicate that Indian business buyers digitally explore solutions to the extent of around 80% prior to going into contact with vendors. This makes online reputation, transparent data, and customer reviews critical marketing touchpoints. In response, thought leadership marketing—via blogs, LinkedIn articles, and panel discussions—has emerged as a strategic lever, positioning TaaS not just as a logistics solution, but as a vital pillar of future-ready enterprise strategy. 

    Arjun BhojrajIn an ESG-conscious corporate world, sustainability has become a major buying criterion. Indian TaaS platforms have leveraged this through savvy green marketing. Campaigns emphasizing electric vehicle (EV) adoption, carbon footprint reduction, and alignment with India’s net-zero goals have resonated strongly with large enterprises under pressure to showcase sustainability metrics. 

    Perhaps most fascinating is the shift in how trust and value are built. Marketing’s function today is to encourage internal adoption within client organizations, offering toolkits and change management processes to facility teams and HR rather than simply selling a service, but inducing behaviour change through tailored communication, including ROI calculators and demo videos. Trust is further reinforced through robust safety protocols, comprehensive driver background checks, vehicle health monitoring systems, and transparent ESG impact reports and sustainability dashboards playing a pivotal role in accelerating adoption.

    A critical dimension in the evolution of corporate TaaS platforms is monetisation. TaaS platforms often operate on a hybrid model, combining subscription-based pricing with usage-linked fees. Several research from PwC and Bain & Co. reveals a trend toward transparent, outcome-driven pricing, with additional layers for advanced analytics, ESG reporting, and premium support. Strategic marketing plays a role here too—by clearly communicating the ROI, cost-saving benefits, and long-term value of these offerings, platforms are able to position themselves not just as transport providers but as strategic mobility partners. 

    As India accelerates its push toward digitization, green mobility, and human-centric workplaces, the role of smart transport marketing becomes increasingly critical. Marketing is no longer a peripheral function—it is a strategic force that drives awareness, builds trust, fosters engagement, and accelerates adoption.

    By aligning brand narratives with operational excellence and measurable socio-environmental impact, marketing ensures that TaaS platforms aren’t just selected—they’re embraced and advocated for by forward-thinking Indian enterprises.

    (This comment piece has been penned by Routematic chief business officer Arjun Bhojraj. The views expressed in it are entirely the author’s and indiantelevision.com need not subscribe to them)

  • Indian commercial office market hits record high, signals major shift in 2025

    Indian commercial office market hits record high, signals major shift in 2025

    MUMBAI: India’s commercial office market has reached new heights, with leasing volumes hitting a record 66.4 million square feet in 2024, a 14 per cent  year-on-year growth, according to the Ficci-Colliers report: India Office | Setting New Standards for 2025. The market is projected to grow further to 65-70 million square feet in 2025, marking a significant transition from a supply-led to an occupier-driven landscape.

    Bengaluru led the charge with its highest-ever absorption of 21.7 million square feet, while Hyderabad recorded the strongest growth at 55 per cent. The dominance of the technology sector has declined from 40-50 per cent  to 25 per cent , with engineering, manufacturing, financial services, and flexible workspaces now accounting for more than half of Grade A office demand.

    Global capability centres (GCCs) have emerged as a key driver, leasing 25.7 million square feet in 2024, a 41 per cent   increase year-on-year. Bengaluru captured 47 per cent   of GCC leasing, while Mumbai saw a fourfold rise in uptake.

    “Office leasing is expected to grow another 8-10 per cent   in FY26, fuelled by demand from GCCs and the financial services sector,” said Ficci committee on urban development and real estate chairman & RMZ chairman Raj Menda. 

    Sustainability is also shaping occupier preferences, with over 70 per cent of leasing now in green-certified buildings, a figure expected to rise to 80-85 per cent by 2025. Menda added: “Nearly 80 per cent   of new supply over the next two to three years will be green certified. By embracing sustainability and innovation, we can contribute to economic growth, enhance well-being, and leave a lasting impact on the environment.”

    The real estate investment trust (Reit) landscape is expanding, with 80 million square feet currently under Reits and an additional 400 million square feet identified as potential Reit stock. The listing of India’s first small and medium Reit (SM-Reit) in 2024 has opened new avenues for retail investors.

    Looking ahead, new office supply is expected to reach 60-65 million square feet in 2025, with vacancy levels projected to decline to 15-16 per cent. Average rental values are forecast to touch Rs  100-110 per square foot per month.

    Ficci committee co-chairman and managing director and CEO Godrej Properties  Gaurav Pandey highlighted the residential sector’s milestone in 2024, with demand hitting 1 billion square feet, valued at Rs  8.5 lakh crore, primarily concentrated in India’s top five cities.

    “The sector needs execution build-up and brilliant talent across both white-collar and blue-collar jobs,” Pandey added, stressing the importance of labour strategy and talent management for sustained growth.

    On the investment front, institutional inflows reached USD 4.7 billion in the first nine months of 2024, with over 60 per cent directed towards industrial, warehousing, and residential assets. The government’s Rs  1 lakh crore urban challenge fund aims to transform cities into growth hubs and improve infrastructure.

    However, affordability concerns persist in the residential segment said Ficci committee co-chairman and managing director and CEO HDFC Capital Advisors Vipul Roongta: “With the average unit price at Rs  1 crore in major cities, home ownership remains out of reach for the emerging middle class, who can typically afford homes in the Rs  50-75 lakh range.”

    Meanwhile, DLF vice chairman and managing director, rental business, Sriram Khattar, noted a shift in commercial real estate priorities: “Gone are the days when offices were built at 70-80 square feet per desk and simply filled up. The emphasis now is on quality workspaces that enhance occupier and employee experience.”

    Looking ahead, Colliers India managing director office services  Arpit Mehrotra stated: “The occupier-driven Indian office market will continue to diversify in 2025, and developers will need to remain agile to meet evolving preferences.”