Goldman Sachs Expands Footprint in Mumbai with New Office
Goldman Sachs has inaugurated a larger office in Mumbai, signaling its long-term commitment to India's growing financial market.
Goldman SachsMumbaiIndiaFinancial MarketExpansionReal Estate MumbaiAug 18, 2025
The New York-based firm’s new premises in Worli, a prominent commercial hub, are about 50% larger than its previous location in the city. “Our new Mumbai office is the next chapter in our multi-decade growth trajectory in India, underscoring the substantial opportunities we see in the market,” said Kevin Sneader, the firm’s Asia Pacific ex-Japan president.
The new facility was inaugurated by Maharashtra Chief Minister Devendra Fadnavis. “I am delighted to officiate the opening of Goldman Sachs’ new Mumbai office. This reflects Maharashtra’s leadership in attracting leading global financial institutions and emphasizes the talent, depth, and maturity of India’s markets,” he said.
Sonjoy Chatterjee, Chairman and Chief Executive Officer of Goldman Sachs India, said, “The design and purpose of this new space reflect our deep commitment to fostering collaboration, innovation, and employee well-being, while delivering world-class service to our clients.”
The new office spans the entire tenth floor and part of the ninth floor at Ascent Worli, with amenities such as a state-of-the-art conference center, collaboration areas, Zoom-enabled meeting rooms, focus rooms, and a cafe with on-site catering.
India remains a crucial market for Goldman, which has served clients in the country since the 1980s and established a wholly owned onshore presence in Mumbai in 2006. The firm counts India as home to its largest office outside the United States. Since 2006, the firm has invested more than $8.5 billion in India across sectors, underscoring its dual role as both advisor and investor.
This expansion is a significant milestone for Goldman Sachs' India operations, reflecting its commitment to the region and its belief in the potential of the Indian market. The new office is designed to enhance collaboration and innovation, ensuring that the firm can continue to deliver top-tier services to its clients while fostering a positive work environment for its employees.
Goldman Sachs’ expansion in Mumbai is a clear indication of the firm's strategic focus on India, a market that is rapidly growing and offering numerous opportunities. The new office is expected to play a pivotal role in the firm's future growth and success in the region.
Frequently Asked Questions
Where is the new Goldman Sachs office located in Mumbai?
The new Goldman Sachs office is located in Worli, a prominent commercial hub in Mumbai.
How much larger is the new office compared to the previous one?
The new office is about 50% larger than the previous location in Mumbai.
Who inaugurated the new Goldman Sachs office in Mumbai?
The new office was inaugurated by Maharashtra Chief Minister Devendra Fadnavis.
What are some of the amenities in the new Goldman Sachs office?
The new office includes a state-of-the-art conference center, collaboration areas, Zoom-enabled meeting rooms, focus rooms, and a cafe with on-site catering.
How much has Goldman Sachs invested in India since 2006?
Since 2006, Goldman Sachs has invested more than $8.5 billion in India across various sectors.
Related News Articles
Mumbai's Sky-High Ambitions: Exploring the City's Love for Skyscrapers
As Mumbai continues to grow
Mumbai Records Third-Highest Surge in Luxury Housing Prices Globally
Mumbai's prime residential prices surge 11.5% year-on-year, ranking third globally, as India's economic growth drives demand in luxury housing market.
Affordable Housing Supply Dries Up as Builders Focus on Premium Projects
The latest data from JLL India reveals a 21% decline in affordable housing supply below Rs 50 lakh, while premium projects saw a significant surge in demand.
Priyanka Chopra's Real Estate Empire: A Peek into Her Investments
Priyanka Chopra Jonas is a keen investor in the real estate space, owning multiple properties in India and the US. Here's a look at her recent transactions.
Uber and Heads Up for Tails Expand Pet-Friendly Rides in Delhi and Mumbai
Uber has partnered with Heads Up for Tails to offer pet-friendly rides in Delhi and Mumbai, making travel more convenient and comfortable for pet owners.
Blackstone and Sattva-backed REIT Files Draft Papers for ₹7000 Cr IPO
A real estate investment trust (REIT) backed by asset manager Blackstone Group and Bengaluru developer Sattva Group has filed its draft papers with the Securities and Exchange Board of India (SEBI) for a ₹7000 crore initial public offering (IPO).