Problem solved by TestComplete Support.
There was a problem reported a while ago where someone had the GIT source control enabled in their TestComplete environment and, for some reason, that caused performance issues. It might have something to do with how GIT is installed locally on the machine.
As TanyaYatskovska mentioned, do you have the local command-line GIT client installed on that second workstation? Make sure that you do and see if that improves things.
GIT is configured on both the machine.
Is there any specific setting we need to check while setting up GIT?
Both using the same local branch and GIT TFS server are hosted in US and we are connected from India.
