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

Business
M
Moneycontrol•12-12-2025, 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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