Even in a year of remote working, India’s IT companies kept the office leasing industry alive

India was forced into a mass remote working experiment in 2020 due to the Covid-19 pandemic which many said would kill the office space industry—but that hasn’t really happened. As business activities slowly restarted in India in the second half of 2020, “the office market witnessed green shoots of recovery,” UK-based commercial real estate services company JLL said in a report on Feb.22. IT and IT Services companies have been—and will continue to be—the frontrunners in keeping office leasing afloat.