Unilever’s Magnum Ice Cream Company has signed a memorandum of understanding (MoU), with Maharashtra Government to set up its India headquarters in Mumbai, which will also function as the regional headquarters for the Middle East, Turkey, and South Asia. This development is accompanied by the creation of a global capability centre (GCC) in Pune, supported by a Rs. 900 crore investment.
The announcement was made during the India Global Forum NXT25 Summit held in Mumbai, a key event where Maharashtra State Government signed MoUs worth nearly $50 billion with various domestic and international investors.
The new GCC in Pune is expected to generate over 500 direct employment opportunities by 2029, and the move is part of a broader push to enhance India’s presence in the global value chain and establish it as a hub for multinational operations in both consumer and technology domains.
With this expansion, it not only strengthens its footprint in India but also leverages Mumbai’s strategic positioning as a commercial capital. The new headquarters will coordinate the brand’s operations across some of the most dynamic and emerging markets in the region.
