Why India is Checking into Coworking Spaces?
Introduction
Coworking is a collaborative work practice in which individuals work independently or in collaboration with others in shared office spaces. Organizations utilize coworking spaces to provide their employees an equipped workplaces with all the necessary services.
A normal and typical coworking space includes many features and amenities such as shared office spaces with 24/7 access and all the other amenities like desks, systems, printers, strong WiFi, a shared pantry, and lounge areas. These are also offered with meeting rooms, storage areas, etc. with Parking being one of the topmost requirements. Perfectly managed by dedicated staff these spaces are readily available for each type of professional hassle-free.
There is a drastic change in the Working environment nowadays, these shared working spaces are getting attraction by a large number of individuals and other organizations. Startup owners and small organizations have got a platform to work on and are getting highly inspired. They can afford it easily and also can work with and collaborate with other people in such spaces thus building a strong community within a diverse environment.
Due to the high costs of real estate, these kinds of spaces are attracting entrepreneurs, startup owners, and freelancers nationwide. Without a doubt, these spaces are promoting the startup ecosystem in India. The Indian government is also promoting startup culture thus supporting coworking and shared spaces. Apart from this, Young entrepreneurs are getting opportunities to work collaborate, learn, grow networks, and learn for a lifetime. Through workshops, collaborations, meetings, networking events, etc shared workspaces act as a center for entrepreneurs and businesses to grow and succeed.
The history of coworking began in the 1990s when a group of computer engineers built their own collaborative workspace, the Hackerspace, where they shared equipment. Following this, in 2005, the first official coworking space in Western culture was created. The growing realization that India also needs such workplaces that will help in growth and incorporate flexibility amongst professionals.
The office space culture in India today is going through a revolution like working in shared spaces and coworking. These spaces and adopted working culture have changed the way we look at offices now. Unlike old traditional offices, coworking hubs are not just limited to the walls of a company. Instead, they allow you to learn and collaborate with others effectively. It is a cost-effective method where any individual or organization gets their desired workplace with ease and without spending too much. It provides and nurtures a vibrant office environment which in turn increases productivity with satisfaction.
As of now, coworking space is a young concept in India that is getting nurtured and growing at a fast pace. It is getting in trend slowly as many people are leaning towards it slowly. Having it much more evolved in the past 2 to 3 years, during and post covid these properties are growing in numbers. Providing much more amenities in a work environment in a hassle-free manner. Besides all the amenities and features provided, these spaces are also popularly known for low cost, flexibility, and logistically ease to have. India has now nearly more than 1500 coworking spaces, data from a recent report showed.
Conclusion
Coworking is one of the most trending concepts evolving and gaining the attention of young entrepreneurs and startups for stepping out of traditional office work practices and moving to flexibility.
