New Delhi, 20 May 2020 – Space Matrix, a leading multinational workplace design consultancy firm headquartered in Singapore with a specialization in workplace design and build has announced a strategic partnership with US-based IA Interior Architects. Two of the largest global design firms focused on interiors for workplaces have joined forces to provide unparalleled design services and capabilities to serve its clients.
Space Matrix has offices across six cities in India and the country’s vibrant ecosystem and infrastructure promotes innovation and the right talent to meet the demands of global clients.
This partnership will include shared resources in a “Global Studio” with dedicated professionals, technologies, and expertise, all focussed on innovation and designing cutting edge interiors. The Global Studio connects over 1,400 professionals across 37 locations spanning the globe, allowing both firms to serve clients across six continents, in more than 60 countries, and in over 500 cities.
“Our partnership creates a global platform that is unmatched in the industry and we are incredibly excited to be bringing this to our clients. Our clients look to us to provide thought leadership, create experiential workplaces that help build their brand, increase productivity and improve employee retention. That’s a big responsibility and hence for us, alignment was key. Alignment in core values, a culture of excellence and client servicing and we found all of those in IA not just at the leadership level but across the firm. India has emerged as a much sought-after destination for global organizations and the opportunities are immense. Our strong foothold here and across Asia, ensures we remain attractive to international opportunities,” said Arsh Chaudhry, CEO, Space Matrix.
As per the UNCTAD, India was among the top 10 recipients of Foreign Direct Investment (FDI) in 2019, attracting $49 billion in inflows. This is an increase of 16% from the previous year, driving the FDI growth in South Asia. The country is a business hotspot for many international entities and is an attractive destination for global markets.
“As Asian companies expand in the west and US companies continue their expansion across Asia, this partnership gives us the ability to provide global perspectives and solutions to our clients and marks the next phase of our growth journey as we spread our wings globally,” added Chaudhry.
India is a key market for Space Matrix with over 50% of the 2,000 projects executed globally coming from this region. The firm works with clients from across sectors including IT, ITeS, pharmaceuticals, consulting, banking and finance, and insurance (BFSI). The strategic partnership will help bring in global best practices and have a positive impact on the future of workplace design in India.
“Both of our firms have a similar vision, complementary values, and a shared passion for interiors. That is what made this consortium the perfect fit – in reviewing our business, we had identified a gap in our capabilities to serve the APAC market. Partnering with Space Matrix gives us the strongest platform to expand and bring our collective passion to this new market.,” shares David Bourke, IA’s Co-CEO/President.