IWG announced it will introduce its coworking brand HQ in India. Currently, the company has 101 coworking spaces across 16 cities under its Regus and Spaces brands.
Harsh Lambah, Country Manager at IWG, said that its multi-brand offering provides customers the freedom to have the workspace of their choosing.
Spaces is suited for large corporations, Regus works for smaller serviced offices and HQ is built for sales or projects teams to work in a basic environment.
IWG hopes to continue expanding its presence in Tier 2 and 3 cities. Moving forward, the company wants to double the number of coworking spaces in India over the next 36 to 48 months.
“Our growth strategy now is focussed on three pillars — organic, acquisition and franchising,” said Lambah.