What's Happening?
GoodWorks Group has commenced construction of its first company-owned GCC-focused tech park, the GoodWorks Aerospace Park, in Bengaluru. The park is designed to be a sustainable, zero-carbon facility,
housing Global Capability Centres (GCCs) and enterprises in the aerospace, defense, technology, and research sectors. The initiative aims to redefine GCC operations in India with state-of-the-art infrastructure and environmentally friendly designs, contributing to India's economic growth and innovation.
Why It's Important?
The launch of the GoodWorks Aerospace Park is a significant step in enhancing India's infrastructure for GCCs, which are crucial for economic growth and innovation. The park's focus on sustainability and cutting-edge technology aligns with global ESG standards, attracting multinational companies seeking future-ready infrastructure. This development supports India's position as a preferred destination for GCCs, potentially boosting job creation and economic activity in the region.
What's Next?
As construction progresses, GoodWorks Group will focus on integrating technology and sustainability into the park's operations. The proximity to Kempegowda International Airport enhances accessibility for international business operations. The park is expected to attract more GCCs and enterprises, contributing to India's commercial real estate market growth. Stakeholders may explore further investments and partnerships to expand the park's capabilities.
