Goldman Sachs Group Inc.'s Bengaluru office.
Source: Goldman Sachs Group Inc.
Goldman’s Biggest Office Beyond New York Attests to India’s Rise
Global capability centers have evolved far beyond tech support. But their growth presents challenges for multinationals and Indian cities alike.
On the eastern side of Bengaluru, the city sometimes called the Silicon Valley of India, sits a campus housing three cube-like glass buildings. Each is 10 stories high, with facades glistening in the strong South Asian sun.
These are the offices of Goldman Sachs Group Inc., home to about 8,000 workers, the bank’s largest venue outside New York. When Goldman set up in the city in 2004, it had roughly 300 people mainly providing IT and other support. Now, its workers are quants and software engineers, building systems for everything from making trades to managing risk.