India, April 14 -- The new GCC will play a crucial role in Unilever's global operations, providing strategic business, technology, and financial services support across international markets

In a significant advancement for Maharashtra's emerging status as a hub for Global Capability Centres (GCC), the Government of Maharashtra signed a Memorandum of Understanding (MoU) with The Magnum Ice Cream Company HoldCo Netherlands B.V. (Unilever) during the IGF Mumbai: NXT25 event. Chief Minister Devendra Fadnavis announced this on his social media account.

Under this agreement, Unilever will invest Rs 900 crore to establish its largest Global Capability Centre (GCC), named Magnum, in Pune. The center is expected to create over 1,000 high-value,...