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Home News Coworking

India’s Coworking Market Well-Positioned For Growth In The New Year

Remote and hybrid work have become a mainstay in workplace culture, opening the door for coworking spaces to thrive and support workers looking for an alternative office.

Aayat AlibyAayat Ali
December 28, 2022
in Coworking
Reading Time: 2 mins read
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India’s Coworking Market Well-Positioned For Growth In The New Year
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India’s embrace of flexible working is revitalizing coworking’s presence within the country. 

Remote and hybrid work have become a mainstay in workplace culture, opening the door for coworking spaces to thrive and support workers looking for an alternative office.   

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“The future of work is changing rapidly and will almost be permanently oriented towards greater flexibility, hence the coworking sector is growing exponentially,” said Manas Mehrotra, founder of 315Work Avenue. “With the need for agility has been reinforced like never before by the COVID-19 pandemic, it’s expected that the coworking sector will continue to be vibrant in 2023.”   

Coworking helps both employers and employees in a variety of ways.

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For companies, incorporating coworking spaces allows them to cut back on overhead expenses, real estate and office management. For workers, accessing fully-equipped offices closer to their homes can greatly reduce their commuting costs.   

“The demand for flexible work spaces is also constantly increasing not only because such spaces perfectly fit the ‘new normal,’ but they also provide companies with an option to save costs, while boosting productivity, enhancing work experience and providing flexibility to employees,” added Mehrotra. 

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Source: Financial Express
Tags: CoworkingHybrid WorkRemote Work
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Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

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