Mumbai, India : 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.