Bilkul Bazaar
Bilkul Bazaar
Ahmedabad | 08 April 2026
The decision by the Reserve Bank of India (RBI) to keep the repo rate unchanged at 5.25% has been welcomed by industry leaders, who say the move reinforces economic stability and supports long-term growth.
Umesh Uttamchandani, Managing Director of Dev Accelerator Limited, stated that the policy aligns well with the growth-focused framework of the Union Budget 2026. He noted that maintaining a stable interest rate environment helps ensure financial predictability, which is crucial for fostering long-term investments.
According to Uttamchandani, the stability in monetary policy is particularly beneficial for the managed office sector, as it allows occupiers to plan without concerns over volatility. The consistent policy stance is also expected to accelerate the expansion of Global Capability Centres (GCCs) in Tier-2 and Tier-3 cities.
He further highlighted that recent trade developments between India and Africa, along with tariff reductions, are generating fresh demand from international companies. Emerging markets, supported by a distributed talent pool and improved connectivity, are increasingly becoming sustainable growth engines.
Looking ahead, Uttamchandani expressed optimism that the stable interest rate regime will encourage aggressive expansion and drive demand for flexible workspace solutions across the country.