Question

TEC Plans to Expand in India & Middle East.

Answer 1

Hong Kong-based flexible workspace provider, The Executive Centre (TEC), is strategically focusing on its fastest-growing markets, India and the Middle East, with plans to add approximately 500,000 sq ft.

TEC has already invested nearly 200 crore in Dubai and Abu Dhabi, underlining its commitment to the Middle East. An additional 50 crore is earmarked for a new centre in the region, showcasing the company’s confidence in the market’s potential.

TEC aims to reach close to 1.7 to 1.8 million sq ft in India and approximately 1.5 million sq ft in the UAE. In 2024, the company plans to add 300,000–400,000 sq ft in India and at least 100,000 sq ft in the Middle East, underscoring its commitment to further growth in these dynamic markets.