Brookfield To Build Asia’s Largest GCC In India With B S Sharma

Brookfield Asset Management has announced a landmark investment in India’s corporate infrastructure with the development of Asia’s largest Global Capability Centre (GCC). The project, located in Powai, Mumbai, will be executed in collaboration with B S Sharma and the Mumbai Metropolitan Region Development Authority (MMRDA).  

Key highlights from the announcement include  

• The GCC will span six acres with a total lettable area of 2 million sq. ft.  
• Brookfield is investing $1 billion in the project, scheduled for completion by 2029.  
• The facility will host a multinational bank’s GCC under a 20-year lease agreement.  
• The development is expected to generate over 30,000 high-skilled jobs.  
• The project will adhere to sustainability standards, sourcing 100 percent green power.  
• Maharashtra’s government emphasized the state’s focus on infrastructure, talent, and ease of doing business as key enablers.  

This initiative underscores India’s growing importance as a hub for global capability centers, reflecting confidence from international investors in the country’s talent pool and business environment. The project is set to strengthen Mumbai’s position as a leading destination for corporate innovation and employment.  

Sources: Construction Week Online, Rediff, New Indian Express