Global Workspace Leader Leases Industrial Space at IndoSpace Park to Strengthen Regional Footprint
Pune, April 21, 2025 – In a strategic move to bolster its Indian operations Steelcase Asia Pacific Holdings India the wholly-owned subsidiary of US-based Steelcase Inc., has leased 130,000 sq ft of industrial space at IndoSpace Industrial Park in Chakan, Pune. The five-year lease agreement includes a three-year lock-in period, underscoring the company’s long-term commitment to the Indian market.
Key Highlights of the Expansion
✅ 130,000 sq ft industrial space across two units
✅ Located at IndoSpace Park Chakan 1 D – a premier logistics hub
✅ 5-year lease with 3-year lock-in for operational stability
✅ Strengthens Steelcase’s manufacturing & distribution capabilities
✅ Enhances supply chain efficiency for Indian and global markets
Why Pune’s Chakan Industrial Hub?
🔹 Proximity to Mumbai-Pune Expressway – Seamless connectivity
🔹 Thriving auto & manufacturing ecosystem – Synergy with suppliers
🔹 Skilled workforce availability – Technical talent pool
🔹 Established logistics infrastructure – Faster distribution
Leadership Insight
Steelcase Spokesperson:
“This expansion reflects our confidence in India’s growing demand for innovative workspace solutions. Pune’s strategic location will help us better serve clients across the region while supporting our global supply chain.”
IndoSpace Representative:
“We’re proud to host Steelcase at our Chakan facility. Their presence reinforces Pune’s position as a preferred destination for industrial and logistics investments.”
About Steelcase in India
- Parent Company: Steelcase Inc. (NYSE: SCS) – Global leader in office furniture
- Indian Operations: Manufacturing, R&D, and distribution centers
- Product Portfolio: Ergonomic chairs, smart desks, collaborative workspaces
Market Impact & Future Outlook
- Boosts Make in India – Local production of premium office furniture
- Creates employment – Direct & indirect jobs in manufacturing & logistics
- Supports hybrid work trends – Rising demand for agile workspace solutions
A Strategic Step Forward
This expansion aligns with Steelcase’s global growth strategy while reinforcing Pune’s status as an industrial powerhouse. As businesses rethink workplace designs post-pandemic, Steelcase is well-positioned to lead India’s smart office revolution.
