Smartworks, India’s largest provider of shared workspaces has revealed its aggressive growth plans to expand to 3 million square feet, in over 20 Tier 1 and 2 cities, pan-India by the year 2020. Smartworks currently has over 7,00,000 square feet of best-in-class, bespoke shared workspaces. The company’s operations span 14 centres in nine Tier 1 cities across the country.
The commercial office space market is poised to scale new heights with a strong positive outlook. The rising GDP in India is expected to drive the massive supply of an estimated 150 million sq. ft. of commercial office space in the country over the next three years. In a short span of 16 months, Smartworks has emerged as India’s largest and fastest-growing player in the shared office space segment. Smartworks has a diverse clientele that includes both well-funded start-ups as well as multinational corporations like ArcelorMittal, Amazon Web Services, TCL, DHL, Bacardi, Cambium, and Daikin among others.
Speaking about his ambitious plans, Neetish Sarda – Founder Smartworks said, “Our aim is to garner mindshare for our uniquely positioned niche offering of not only a co-working space but also a place where employees of any organization would like to come for work, don’t get bothered with everyday hassles of a traditional workplace and actually enjoy their work. Against this positive landscape, we are driven to change how offices are perceived. Our clients find immense value in the office experience and the culture we offer, as it helps in making employees more productive and reduces attrition rate. In essence, we are not only an office space provider, rather we aim to be a way of life!”.
Harsh Binani – Co-Founder of Smartworks, said, “Making employees’ happiness its Holy Grail, Smartworks, today has become a torchbearer of India’s shared spaces. We measure our success based on employee happiness index and how we have transformed the overall office experience of any Smartworker. The team has now put its heart & soul in creating ‘future workspaces’ via its fantastic designs, technology & personalized value-added services. Our aim is to build tailor-made offices wherein a company could thrive on qualitative networking opportunities and expand itself while shaping the office as per its own culture and ecosystem in the Smartworks universe. We put great emphasis on the privacy of our clients while connecting them within the community with like-minded professionals.”
The company believes that it is steadily gaining ground with over 33% of the market share, to be a key player in the field, considering the Indian landscape where the co-working industry is expected to receive $400 million investment per year and the market is expected to have 12000+ startups by 2020.