Goldman Sachs expands the presence of Mumbai with a new office

Goldman Sachs expands the presence of Mumbai with a new office

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Goldman Sachs Group inaugurated a new office in Mumbai on Monday and expanded its footprint into the financial capital of India, while the Wall Street Bank rely on long -term growth in the fourth largest economy in the world.

The new building of New York -based company in Worli, a prominent commercial hub, are approximately 50% larger than the previous location in the city. “Our new office in Mumbai is the next chapter in our growth process with several decades in India, which underlines the substantial opportunities that we see on the market,” said Kevin Sneader, the ex-Japanese president of Asia Pacific.

The new facility was inaugurated by Maharashtra Chief Minister Devendra Fadnavis. “I am delighted to officiate the opening of the new office of Goldman Sachs. This reflects Maharashtra’s leadership in attracting leading global financial institutions and emphasizes the talent, the depth and the duration of the Indian markets,” he said.

A milestone for India activities

SonJoy Chatterjee, chairman and chief executive officer of Goldman Sachs India, said: “The design and purpose of this new space reflect our deep dedication to promoting cooperation, innovation and well -being of employees, while delivering world -class service to our customers,” he said. Zoom-compatible meeting rooms, focus rooms and a café with catering on site.

Expansion of the role in India

India remains a crucial market for Goldman, which has served customers in the country since the 1980s and has established a completely own presence in Mumbai in Mumbai in 2006. The company counts India as the home of the largest office outside the United States.


Since 2006, the company has also invested more than $ 8.5 billion in India in sectors and underlines its dual role as a consultant and investor.Read also | Why is the market increasing today? SENSEX rises 1,100 points, Nifty tops 25k; GST reforms between 5 important factors behind today’s increase

(Disclaimer: recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times)

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