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Sunday, December 22, 2024

India among top advocates for office based work, surpasses global average: Report


India is emerging as a top advocate for office-based work, surpassing the global average of 85 per cent and ranking among the world’s leading supporters of returning to the workplace.
According to a survey conducted by global real estate services firm JLL, 90 per cent of organisations require employees to work from office for at least three days a week.
The survey reported, “This trend is expected to strengthen, with 54 per cent of organizations in India (43 per cent globally) anticipating an increase in office days by 2030.”
As more and more businesses are opting for Artificial Intelligence in their operations, the Indian working landscape is undergoing a transition.The Indian working landscape is undergoing a dramatic transition as more and more businesses increasingly adopt Artificial Intelligence (AI) in their operations.
The survey also highlighted that 95 percent of business decision-makers in India plan to boost their investments in AI over the next five years, a move that is transforming workforce operations and revolutionizing the design and management of workspaces.
“A staggering 94 per cent of businesses foresee AI changing their workforce operations, with 95 per cent planning to accelerate AI investments over the next five years,” it stated.
This study, which is the part of a global research initiative that surveyed more than 2,300 Corporate Real Estate (CRE) and business decision-makers, underscores the increasing focus on sustainability within the corporate sector. It found out that approximately 77 percent of respondents plan to increase their spending on sustainability initiatives, while 70 percent have established clear programs aimed at reducing their environmental impact.
Additionally, nearly 50 percent of organizations indicated a willingness to pay a premium for buildings with top-tier green certifications by 2030.However, despite these positive trends, challenges remain. Around 44 percent of CRE leaders cited difficulties in long-term planning, citing the rapidly evolving organizational landscape as a key obstacle.
Another 46 per cent identified limited integration with other business units as a significant hurdle in delivering optimal value.
It noted that building partnerships and aligning corporate goals with CRE objectives is essential for achieving portfolio efficiency and creating future-ready workplace solutions.
The survey further reflected a promising future for India’s workspace evolution, fueled by technology and sustainability, along with the need to observe the areas that require smoother transitions.





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