MRG’s India Office: Reflecting on a Year of Growth and Opportunity – An Interview with Global Director, Matthew Evans

One year has passed since MRG took the step of opening its office in India, a significant expansion in its global footprint. Matthew Evans, Global Director at MRG, shares reflections on the opportunities, challenges, and future goals for MRG’s Indian operations.

What are the most significant opportunities in the Indian market for MRG?

India remains a market of immense opportunity, especially in real estate, hospitality and construction. With continued growth across all asset classes, MRG sees a chance to not only grow its local operations but also to facilitate cross-border investment and recruitment. As Indian investors increasingly look to international markets and global capital flows into India, MRG is well-positioned to play a pivotal role in connecting these opportunities.

What challenges were faced during the first year, and how were they addressed?

Establishing a presence in India came with several challenges, particularly in integrating the firm’s global DNA into the local market. Aligning operations with the company’s existing practices, especially those from the UK where MRG is well-established, was a significant hurdle. Nonetheless, the core recruitment processes remain similar, and MRG has been able to apply its established methodologies effectively while adapting to local expectations.

Additionally, geographical and logistical issues posed challenges, such as the complexities of intercity travel in India. These have been addressed through continuous efforts in training, development, and local client engagement.

What makes the Indian market unique compared to other regions?

The Indian market stands out due to its sheer scale and diversity. There are numerous micro-economies and markets, each with its own dynamics, which makes it both a challenging and exciting environment. India is one of the few global economies where all asset classes consistently grow, creating vast opportunities for MRG. We’ve recognised that while the scale can be daunting, it is also what makes India a highly attractive market for long-term investment.

What are the plans for MRG’s India office over the next year?

The focus will be on further strengthening MRG’s presence in India. Increasing the size of the team, establishing new offices in other key cities and expanding operational capabilities are key goals. There will also be a strong emphasis on embedding the company’s culture and methodology into the local office, ensuring that the team continues to evolve in line with MRG’s global standards.Additionally, we plan to explore opportunities to connect Indian talent and investment with international markets, reflecting India’s growing role in global real estate and investment.

Matthew will be in Mumbai from September 23rd to 27th, connecting and catching up with clients face-to-face. Please get in touch if you’d like to have a conversation about how MRG can work with your organisation to grow, strengthen, and advise on your leadership teams.

E:           matthew.evans@mrgglobal.com

Li:          https://www.linkedin.com/in/matthew-evans-realestate-recruitment/