Brookfield to Invest Over $1 Billion in Asia’s Largest GCC Facility in Maharashtra

Brookfield Properties is set to invest more than $1 billion to build a Global Capability Centre (GCC) facility in Maharashtra, which is expected to be the largest GCC in Asia. The announcement was made by Maharashtra Chief Minister Devendra Fadnavis after discussions with Brookfield executives. The planned facility will span around 2 million square feet and is projected to generate approximately 45,000 jobs — including about 15,000 direct jobs and 30,000 indirect ones — boosting local employment and economic activity. Fadnavis said the investment forms part of the state’s strategy to make Maharashtra a key hub for global corporate operations, with the facility likely to be located in the Powai area of Mumbai. The project aligns with the government’s broader GCC policy, aimed at attracting multinational companies and supporting regional growth. The new GCC will support various corporate functions and serve as a major centre for offshore operations, further enhancing Maharashtra’s position in the competitive global business landscape.