Goldman Sachs Expands in Mumbai with a Larger Office to Boost India Operations
Goldman Sachs has opened a new, larger office in Worli, Mumbai, to support its growing operations in India. The office, which is 50% larger than the previous location, underscores the firm's commitment to the Indian market.
Goldman SachsMumbaiIndiaReal EstateExpansionReal Estate MumbaiAug 19, 2025
Occupying one and a half floors, the office features modern amenities that meet the firm’s global workplace standards. These include Zoom-enabled meeting rooms, height-adjustable desks, and a cafe with on-site catering. The office spans over 70,000 square feet, as reported by the Economic Times late last year.
Kevin Sneader, the firm’s Asia Pacific ex-Japan president, said, “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.” Goldman Sachs employs about 8,500 people across its Indian offices, making India home to its largest offices outside the United States.
India’s financial sector is witnessing a renewed wave of global interest from Wall Street lenders and private equity giants. Goldman Sachs has been catering to its clients in India since the 1980s and has established a strong presence in the country. The firm is among the top investment banks in India for M&A and equity capital markets activity. It has also been an active investor, deploying more than $8.5 billion in capital in the country since 2006.
Goldman Sachs’ global capability centers in the southern Indian cities of Bengaluru and Hyderabad, launched in 2004 and 2021, respectively, are major hubs for the bank. These centers handle operations ranging from investment research and finance to engineering and emerging technologies. The company opened a new office space in Hyderabad in 2023, further solidifying its commitment to the region.
India’s government has announced that the country is on track to become the world’s fourth-largest economy, though this milestone may not be reached until later in 2025. A Deloitte report this month highlighted how India’s GDP ranking has risen from 11th in 2009 to fourth by the end of this year, driven by strong domestic demand and a tech-adaptive workforce.
The expansion of Goldman Sachs in Mumbai reflects the firm’s confidence in India’s economic potential and its commitment to leveraging the country’s talent and resources to drive growth and innovation.
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.
What are some of the features of the new Goldman Sachs office in Mumbai?
The office features Zoom-enabled meeting rooms, height-adjustable desks, and a cafe with on-site catering.
How many people does Goldman Sachs employ in India?
Goldman Sachs employs about 8,500 people across its Indian offices.
What is the significance of India's GDP ranking for Goldman Sachs?
India’s GDP ranking has risen from 11th in 2009 to fourth by the end of this year, driven by strong domestic demand and a tech-adaptive workforce, which underscores the country's economic potential and attractiveness for global firms like Goldman Sachs.
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