+
Mumbai gets Rs 200 billion projects
ECONOMY & POLICY

Mumbai gets Rs 200 billion projects

Prime Minister Narendra Modi recently initiated for India’s financial capital, projects worth Rs 200 billion. These projects have been initiated in line with the ‘Mumbai in Minutes’ vision. The projects reportedly include new metro lines, Metro Bhavan and new facilities at metro stations that are expected to give a new dimension to Mumbai and make it convenient for city residents. Reportedly, Rs 200 billion have been initiated in Mumbai while Rs 1.5 trillion has already been invested in Mumbai Metro.

The three metro lines, for which the foundation stone was laid, will together add more than 42-km to the metro network of Mumbai. The three corridors are: the 9.2-km Gaimukh-Shivaji Chowk (Mira Road) Metro-10 Corridor, the 12.7-km Wadala-CST Metro-11 Corridor; and the 20.7-km-long Kalyan-Taloja Metro-12 Corridor.
The state-of-the-art Metro Bhavan will be a 32-storey centre that will operate and control 14 metro lines measuring around 340 km.

Further, the Bandongri Metro Station at Kandivali East was also inaugurated; along with a state-of-the-art metro coach – the first metro coach under the government’s Make in India initiative.

In line with the ‘Mumbai in Minutes’ goal, a vision document has been released to provide better infrastructure for the Mumbai Metropolitan Region (MMR). As reported, the document explains how to make the best use of various modes of transport. A master plan has also been made for Mumbai Metro, which is expected to see a significant expansion in the coming years.

With Mumbai’s current metro network at 11 km, the city is expected to witness a network of 325 km by 2023-24. Further, the metro projects are expected to create job opportunities for about 10,000 engineers and 40,000 skilled and unskilled workers.

Prime Minister Narendra Modi recently initiated for India’s financial capital, projects worth Rs 200 billion. These projects have been initiated in line with the ‘Mumbai in Minutes’ vision. The projects reportedly include new metro lines, Metro Bhavan and new facilities at metro stations that are expected to give a new dimension to Mumbai and make it convenient for city residents. Reportedly, Rs 200 billion have been initiated in Mumbai while Rs 1.5 trillion has already been invested in Mumbai Metro.The three metro lines, for which the foundation stone was laid, will together add more than 42-km to the metro network of Mumbai. The three corridors are: the 9.2-km Gaimukh-Shivaji Chowk (Mira Road) Metro-10 Corridor, the 12.7-km Wadala-CST Metro-11 Corridor; and the 20.7-km-long Kalyan-Taloja Metro-12 Corridor.The state-of-the-art Metro Bhavan will be a 32-storey centre that will operate and control 14 metro lines measuring around 340 km.Further, the Bandongri Metro Station at Kandivali East was also inaugurated; along with a state-of-the-art metro coach – the first metro coach under the government’s Make in India initiative.In line with the ‘Mumbai in Minutes’ goal, a vision document has been released to provide better infrastructure for the Mumbai Metropolitan Region (MMR). As reported, the document explains how to make the best use of various modes of transport. A master plan has also been made for Mumbai Metro, which is expected to see a significant expansion in the coming years.With Mumbai’s current metro network at 11 km, the city is expected to witness a network of 325 km by 2023-24. Further, the metro projects are expected to create job opportunities for about 10,000 engineers and 40,000 skilled and unskilled workers.

Next Story
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?