JP Morgan (JPM) to open Asia’s largest Global Capability Centre (GCC) in Mumbai

Exam-focused facts from the 18 December 2025 current affairs briefing.

Key facts

JP Morgan (JPM) will establish Asia’s largest Global Capability Centre (GCC) in Mumbai.
The GCC will cover 2 million square feet in Powai, Mumbai.
The centre is expected to employ up to 30,000 professionals.
JP Morgan has leased nearly 1 million square feet of office space in India within the last two years.
India currently hosts the highest number of GCCs globally.