Brookfield is slated to invest $1 billion in the new project
Business
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Moneycontrol12-12-2025, 15:41

Brookfield invests $1B for Asia's largest GCC in Mumbai, major bank tenant.

  • Brookfield will invest up to $1 billion to develop Asia's largest Global Capability Centre (GCC) in Mumbai's Powai.
  • The 2 million sq ft GCC, set for completion in 2029, will house a major multinational bank.
  • Developed by a Brookfield venture with BS Sharma and MMRDA, the project is expected to create over 30,000 jobs.
  • Maharashtra's Chief Minister emphasized the state's leadership as a GCC hub and its new policy to attract more firms.

Why It Matters: This investment creates thousands of jobs and strengthens Mumbai's economic future.

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