Pune poised to become India's GCC capital, says Maha CM

Pune: Maharashtra Chief Minister Devendra Fadnavis on Friday said Pune is rapidly emerging as the country's leading hub for Global Capability Centres (GCCs), with more than 130 centres currently operational and the number expected to cross 800 in the coming years.

He reaffirmed the state government's commitment to positioning Pune as the preferred destination for GCC investments in India. The Chief Minister was speaking at the inauguration of Magnum Ice Cream Company's Global Business Solutions Centre.

Highlighting that Maharashtra has emerged as the preferred investment hub for Global Capability Centers in India, CM Fadnavis noted that the enthusiastic response from multinational corporations establishing global business centers in Pune is a testament to the city's business-friendly environment and skilled talent pool.

The Chief Minister explained that Magnum's Pune centre will generate more than 1,000 direct job opportunities alongside boosting indirect employment. To optimise the company’s global business operations, the facility will integrate artificial intelligence, automated technologies, logistics, and other advanced solutions to streamline manufacturing, distribution, and customer experience operations.

"When the government and the industry collaborate, it creates a robust ecosystem that accelerates investment, job creation, and overall economic growth. The state government remains committed to providing all necessary support and a conducive climate for businesses investing in Maharashtra," he stated.

He further added that this Global Business Solutions Centre in Pune, operating alongside the regional headquarters in Mumbai, will chart a new direction for Magnum's expansion in Maharashtra. Active measures are being taken to strengthen physical infrastructure across Pune's industrial sectors -- with a special focus on resolving IT infrastructure challenges in Hinjawadi -- to make the region an even more attractive destination for GCCs.

Industry department principal secretary Dr P. Anbalagan noted that Global Capability Centres are not merely office spaces, but crucial engines driving the nation's economic momentum. India has established itself as a global leader in the GCC space, with Maharashtra and Pune playing a pivotal role in this expansion. In Pune alone, demand for commercial office space by GCCs reached approximately 6 million square feet over the past 15 months, while 130 new or expanded GCC units were set up across the state over the last 18 months.

He added that the state government has set a target of hosting 400 GCC companies and over 700 units in the coming period. Currently, Pune hosts operations from companies representing over 30 countries across 20 sectors, employing nearly 10,000 professionals.

Investment and Policy Advisor to the CM, Kaustubh Dhavse, remarked that the relationship between Magnum Ice Cream Company and the Government of Maharashtra is built on trust, reliability, and mutual respect. He added that the Indian-origin executive leadership steering the company globally brings inspiring experience.

In his opening address, Abhijit Bhattacharya, CFO of Magnum Ice Cream Company, credited the state government's rapid decision-making process for making the global business centre a reality in a short time frame.

He cited Maharashtra's robust industrial ecosystem, superior connectivity, and proactive administration as key factors in selecting Pune.

Bhattacharya commended CM Fadnavis's vision to make Maharashtra a premier hub for global business centres and expressed the company's intent to collaborate with the state on sustainable dairy systems, while also bringing the global ice cream brand 'Ben & Jerry's' to India.

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