Bengaluru, Chennai, Hyderabad and Delhi top tech hubs in Asia Pacific after Beijing: C&W report

‘Bengaluru leads India with 2.3 lakh tech jobs created in the last fiscal’

Bengaluru ranks second after Beijing on the list of top technology hubs in the Asia-Pacific region, according to property consultant Cushman & Wakefield.

In its latest report 'Tech Cities: The Global Intersection of Talent and Real Estate', the consultant has identified tech markets based on 14 criteria across talent, real estate, and business environment metrics.

The report has identified "Bengaluru, Chennai, Hyderabad, and Delhi as the top technology hubs in the APAC region after Beijing", the consultant said in a statement.

Bengaluru leads India with 2,30,813 tech jobs created during the last fiscal, followed by Chennai with 1,12,781, Hyderabad with 1,03,032 and Delhi with 89,996 jobs.

"The IT and tech-driven sectors remain the key driving force for the Indian economy," said Anshul Jain, MD, India & South East Asia.

"The strong market fundamentals coupled with key policy changes have not only made India a favourable investment hub for global IT players, but also made it the most sought-after destination to find global tech talents and set footprints for further expansion," Mr. Jain said.

Bengaluru is one of the largest contributors to office space leasing with an average share of 25-30% in annual pan-India leasing activity between 2017 -2021.