India: UK-based workspace giant International Workplaces Group (IWG) plans to launch its premium brand Signature in India in the next couple of years.
IWG already operates three brands in India — Regus, Spaces and HQ.
The company plans to accelerate its footprint in India through acquisitions already in the pipeline.
The country is among its fastest-growing markets, prompting the introduction of Signature. Signature will feature a hotel-like concept with luxury amenities such as concierge services, client insurance policies, enhanced registration procedures, and more.
“In Bengaluru, our rentals grow at an average of five to 10 per cent annually. We expect this momentum to continue in the near future,” said Harsh Lambah, vice president – sales, South Asia, IWG.
Nationwide, IWG plans to establish 40 to 50 new locations by the end of 2025 and intends to enter cities such as Surat, Patiala, Vijayawada, Salem, Calicut, and Thiruvananthapuram — targeting both Tier II and Tier III cities. In Bengaluru alone, the company has around 13 centres and plans to add another 18 in 2025. An additional 20 are scheduled to open in the first quarter of 2026. Currently, it operates more than 100 centres, which it aims to quadruple over the next three to five years.
Highlights:
• International Workplaces Group (IWG) plans to launch its premium brand Signature in India
• The country is among its fastest-growing markets
• IWG plans to establish 40 to 50 new locations in India by the end of 2025
