Corporate demand for tertiary locations across India expected to accelerate following further boosts to the economy from Union Budget 2026-2027 and US tariff agreement
SilverDoor reports India’s second and third cities growing corporate travel market share
9 February 2026
Tertiary locations across India are set to play a pivotal role in India’s future economic growth alongside more established hubs, as demand from the corporate travel sector continues to rise following the recent India Union Budget 2026-2027 and US tariff announcements.Leading global serviced apartment provider SilverDoor, reports increasing demand for a number of emerging, tertiary locations across the country. Guwahati, Noida, Lucknow, Thiruvananthapuram and Coimbatore are all expected to see already strong demand from across the corporate travel and relocation sectors continuing to grow, alongside the more established hubs including Pune, Chennai and Bangalore, as corporate travel looks set to play a pivotal role in the country’s future economic growth.Last week’s Budget had a focus on service-led growth with investment announced for manufacturing and infrastructure development, including high-speed transport links. This is in addition to increased support for micro, small and medium enterprises (MSMEs) to help drive employment and regional development with additional support for Biopharma and electronics manufacturing.
National and international business owners from sectors including IT and gaming, banking, financial services and insurance (BFSI), pharmaceuticals and consulting are committing to investing in corporate travel and relocation programmes to grow their presence across several of India’s key cities and regions. Corporate investment has also been bolstered further by the long-awaited announcement of a reduction in US tariffs on Indian goods which is also expected to fuel demand for corporate travel across the country.Srinivasan Narayanaswami, Regional Head of Operations for India, SilverDoor comments, “Last week’s Budget detailed a significant commitment to supporting economic growth across India, from both a sector perspective with programmes such as the Bio Pharma Shakti programme, and also - critically - from a travel and transport perspective, with seven high-speed rail corridors. Faster connections between more tertiary, tier two and three cities will play a critical role in facilitating growth at both a local and national level.“The focus on tertiary locations is likely to sharpen considerably in the months ahead as corporate travel and housing works to support company’s wider growth plans, and the increasing demand trends across our own portfolio testify. The demand we are seeing extends well beyond the more established business hubs and will no doubt be accelerated even more by India’s latest tariff deal agreement with the US. For those businesses looking to expand operations this increase in demand is expected to result in a growth in supply of serviced accommodation and corporate housing providers. While more choice is welcome news for business owners, they are advised to take the time work with on-the-ground providers to offer local expertise when researching and booking accommodation to ensure standards and expectations are met and they can protect their most valuable asset: their people.”
Subscribe to Relocate Extra, our monthly newsletter, to get all the latest international assignments and global mobility news.Relocate’s new Global Mobility Toolkit provides free information, practical advice and support for HR, global mobility managers and global teams operating overseas.
Related reading
- GSAIR 2025 report: Increased corporate relocation, Gen Z, AI, legislation and converging investment trends influencing growth of serviced apartment sector
- Beyond India: The UK’s Expanding Web of Global Trade Deals
- How the financial services industry is responding to global change
- World's Happiest Workplaces Announced
- What does the millionaire migration mean for schools?
- India and UK reach trade deal
National and international business owners from sectors including IT and gaming, banking, financial services and insurance (BFSI), pharmaceuticals and consulting are committing to investing in corporate travel and relocation programmes to grow their presence across several of India’s key cities and regions. Corporate investment has also been bolstered further by the long-awaited announcement of a reduction in US tariffs on Indian goods which is also expected to fuel demand for corporate travel across the country.Srinivasan Narayanaswami, Regional Head of Operations for India, SilverDoor comments, “Last week’s Budget detailed a significant commitment to supporting economic growth across India, from both a sector perspective with programmes such as the Bio Pharma Shakti programme, and also - critically - from a travel and transport perspective, with seven high-speed rail corridors. Faster connections between more tertiary, tier two and three cities will play a critical role in facilitating growth at both a local and national level.“The focus on tertiary locations is likely to sharpen considerably in the months ahead as corporate travel and housing works to support company’s wider growth plans, and the increasing demand trends across our own portfolio testify. The demand we are seeing extends well beyond the more established business hubs and will no doubt be accelerated even more by India’s latest tariff deal agreement with the US. For those businesses looking to expand operations this increase in demand is expected to result in a growth in supply of serviced accommodation and corporate housing providers. While more choice is welcome news for business owners, they are advised to take the time work with on-the-ground providers to offer local expertise when researching and booking accommodation to ensure standards and expectations are met and they can protect their most valuable asset: their people.”
About SilverDoor
SilverDoor is the world’s leading corporate serviced accommodation agent, working in partnership with a trusted network of global operators to source accommodation for business travel and mobility professionals worldwide. Whether it’s a full global travel or mobility programme, a one-off relocation, or a fast-turnaround business trip, SilverDoor delivers the highest standards of safety, security, and exceptional service through proven partnerships, cutting-edge technology and experienced, impartial advice. The merger of SilverDoor and Synergy Global Housing was announced in August 2025; both are long-established and well-respected leaders in the serviced apartment, corporate housing and extended stay accommodation sectors. The service standards and technology solutions of the combined business represent an offering unlike anything else available; the combined portfolio is the largest and most diverse of any corporate accommodation agent, comprising supply chain partners as well as an inventory of managed properties across the US and Europe.
Find out more about the Think Global People and Think Women community and events.
Subscribe to Relocate Extra, our monthly newsletter, to get all the latest international assignments and global mobility news.Relocate’s new Global Mobility Toolkit provides free information, practical advice and support for HR, global mobility managers and global teams operating overseas.
©2026 Re:locate magazine, published by Profile Locations, Spray Hill, Hastings Road, Lamberhurst, Kent TN3 8JB. All rights reserved. This publication (or any part thereof) may not be reproduced in any form without the prior written permission of Profile Locations. Profile Locations accepts no liability for the accuracy of the contents or any opinions expressed herein.
