asianprimenews
GeneralPublic Interest

GOLDMAN SACHS EXPANDS MUMBAI PRESENCE WITH NEW OFFICE OPENING

MUMBAI, INDIA, AUGUST 18, 2025 – Goldman Sachs today announced the inauguration of a

new, expanded office space in Mumbai, marking a key milestone in the firm’s growth in India and

its ongoing investment in the country’s economic future and potential.

Sri Devendra Fadnavis, Honorable Chief Minister of Maharashtra, inaugurated the new office in

Ascent Worli and remarked: “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.”

Kevin Sneader, President, Asia Pacific Ex-Japan of Goldman Sachs, 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.”

Sonjoy Chatterjee, Chairman and Chief Executive Officer of Goldman Sachs India, said: “The

opening of our new office represents a milestone in our journey as we continue to grow our India

franchise. 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 occupies the entire tenth floor and half of the ninth floor of Ascent Worli. The

premises are approximately 50 percent larger than the previous Mumbai location.

Designed to meet Goldman Sachs’ global workplace standards, the office features a state-of-the-

art conference center with pre-function space, Zoom-enabled meeting rooms, an information

collaboration space, focus rooms and team rooms, height-adjustable desks and multi-purpose

space. Additional amenities include a cafe with on-site catering.

Goldman Sachs has been ranked the #1 investment bank in India for both announced and

completed M&A activity since 2021, according to Dealogic. The firm also remains at the forefront

of the current momentum in India’s Equity Capital Markets activity, having helped issuers raise

over $10 billion since 2024 via IPOs and block trades, including India’s largest IPO and block

trade year to date.

The firm has been serving clients in India since the early 1980s and established a wholly owned

onshore presence in Mumbai in 2006. Today, it serves leading corporate and institutional clients

through corporate finance (investment banking), equity sales and trading and fixed income

securities businesses, asset management, as well as providing macro-economic and investment

research. Goldman Sachs is an active investor in India and has deployed more than $8.5 billion in

capital since 2006.

# # # #About Goldman Sachs:

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment

management firm that provides a wide range of financial services to a substantial and diversified

client base that includes corporations, financial institutions, governments and individuals. Founded

in 1869, the firm is headquartered in New York and maintains offices in all major financial centers

around the world.

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