India, June 14 -- German IT firm Nagarro leases 7 lakh sq ft of office space in Gurugram at a monthly rent of Rs.2.90 crore

Within the country, each city offers distinct advantages: Bengaluru has evolved into a multi-sectoral powerhouse beyond tech, Chennai boasts India's most balanced market across BFSI, e-commerce, and tech sectors, Mumbai serves as the financial nerve center where US-based BFSI GCCs dominate, and Hyderabad has established itself as a specialized hub for BFSI, healthcare, and pharmaceutical operations, he said.

"India's combination of skilled talent at scale, supportive ecosystem, cost advantages, and growth-oriented policy environment continues to make it an increasingly attractive destination for US corporations loo...