Unilever’s premium frozen dessert brand, Magnum Ice Cream, is all set to deepen its footprint in India and the broader region by establishing its India and regional headquarters in Mumbai, supported by a significant investment of ₹900 crore in a Global Capability Centre (GCC) in Pune.
The announcement was made during the India Global Forum NXT25 Summit held in Mumbai, where the Maharashtra Government signed MoUs worth nearly $50 billion with a mix of domestic and international investors.
Strategic Move for Regional Growth
The newly signed Memorandum of Understanding (MoU) with the Maharashtra Government marks a major step in Unilever’s commitment to India as a key player in its global operations. The Mumbai HQ will serve as the regional command center for the Middle East, Turkey, and South Asia, consolidating operations in some of the world’s most dynamic and fast-growing markets.
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Pune GCC to Create 500+ Jobs by 2029
The GCC in Pune will act as a technological and operational backbone, driving innovation and efficiency for Magnum’s global operations. Backed by an investment of ₹900 crore, the centre is projected to generate over 500 direct employment opportunities by 2029. The initiative highlights India’s growing importance in the global value chain and its rising role as a base for multinational capability centres.
Strengthening India’s Role in Global Business
By choosing Mumbai and Pune as the hubs for its regional and global operations, Unilever is aligning with India’s ambition to become a strategic nucleus for multinational companies, especially in the consumer goods and technology sectors.
This move not only reinforces Mumbai’s position as India’s commercial capital but also taps into Maharashtra’s infrastructure, talent pool, and global connectivity.
Key Highlights:
- Magnum’s India HQ to be located in Mumbai
- GCC in Pune to support global operations with ₹900 crore investment
- 500+ direct jobs to be created by 2029
- Part of Maharashtra’s broader $50 billion MoU signings at IGF NXT25
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