CW Maharashtra mega virtual conference focuses on opportunities
ECONOMY & POLICY

CW Maharashtra mega virtual conference focuses on opportunities

This year, Maharashtra budget has outlined its plan to prioritise infrastructure in a big way, indicating its intention and agenda for development. There are several significant urban projects in the city of Mumbai alone, from the metro rail to the coastal road, the Mumbai Trans-Harbour Link Project, the Virar-Alibaug multimodal corridor, and sewage treatment plants. In the state, the mega Samrudhhi Mahamarg project, a multimodal highway between Mumbai and Nagpur, has caught the fancy of many an investor. A virtual conference called “Construction World Maharashtra”, to be spearheaded by Construction World on April 28, will capture these and other projects in the offing for India’s richest state. Some of the biggest names from government, public and private sectors will discuss and provide insights on various aspects of this focus theme, shedding light on perspectives that include business opportunities, infrastructure finance, and project status(Click here to go to the CW Maharashtra page.)

The virtual conference “CW Maharashtra” will bring on the same platform some of the world’s largest project developers, construction companies, architect firms, investment banks and private equity firms. Discussions will revolve around three themes:

-Creating large scale business opportunities in Maharashtra by encouraging large construction projects and innovative finance.
-Megaproject opportunities in Maharashtra with a deep-dive into Mumbai eastern waterfront: Port redevelopment and future possibilities along the eastern waterfront.
-Secured Governance / Urban equity withdrawal project financing through asset monetisation.

In his budget speech, the state’s Finance Minister and Deputy Chief Minister Ajit Pawar had outlaid a revenue-deficit budget of Rs 10,226 crore. A significant proportion of this budgetary outlay will be devoted to infrastructure and related projects.

  1. Electric vehicle charging stations to be set-up on major highways (Mumbai -Pune, Mumbai-Goa, Mumbai-Nashik).
  2. Allocation of Rs 8,420 crore for the urban development department.
  3. Allocation of Rs 2,533cr for water supply and sanitation.
  4. New ring road to be made in Pune

The ambitious 701 km, Rs 55,000 crore Samruddhi Mahamarg, like most other projects, has received a small timeline setback from the second wave of the Covid-19 pandemic, and the much-awaited opening of the first 520 km of the stretch will need to be pushed back from its May 1 deadline. When it opens to traffic, it will be multimodal, directly connecting 10 districts, 26 talukas and around 392 villages.

The year 2021-22 has also caught the attention of the central government on infrastructure, and Maharashtra will also launch and commission many projects in the National Infrastructure Pipeline (NIP). CW Maharashtra’s panels are also expected to discuss the NIP and its work in the state.

Established in 1996, Construction World is India’s premier and largest circulated construction business magazine, covering projects, policies and people to topical concerns, trends, technology, and products. This award-winning, flagship publication of Mumbai-headquartered ASAPP Info Global Group is circulated among architects and builders; material and equipment players, industry stakeholders, business leaders, policymakers, and change-agents. The magazine’s website www.constructionworld.in has over 180,000 unique visitors and around four million hits a month.

This year, Maharashtra budget has outlined its plan to prioritise infrastructure in a big way, indicating its intention and agenda for development. There are several significant urban projects in the city of Mumbai alone, from the metro rail to the coastal road, the Mumbai Trans-Harbour Link Project, the Virar-Alibaug multimodal corridor, and sewage treatment plants. In the state, the mega Samrudhhi Mahamarg project, a multimodal highway between Mumbai and Nagpur, has caught the fancy of many an investor. A virtual conference called “Construction World Maharashtra”, to be spearheaded by Construction World on April 28, will capture these and other projects in the offing for India’s richest state. Some of the biggest names from government, public and private sectors will discuss and provide insights on various aspects of this focus theme, shedding light on perspectives that include business opportunities, infrastructure finance, and project status(Click here to go to the CW Maharashtra page.) The virtual conference “CW Maharashtra” will bring on the same platform some of the world’s largest project developers, construction companies, architect firms, investment banks and private equity firms. Discussions will revolve around three themes: -Creating large scale business opportunities in Maharashtra by encouraging large construction projects and innovative finance.-Megaproject opportunities in Maharashtra with a deep-dive into Mumbai eastern waterfront: Port redevelopment and future possibilities along the eastern waterfront.-Secured Governance / Urban equity withdrawal project financing through asset monetisation. In his budget speech, the state’s Finance Minister and Deputy Chief Minister Ajit Pawar had outlaid a revenue-deficit budget of Rs 10,226 crore. A significant proportion of this budgetary outlay will be devoted to infrastructure and related projects. Electric vehicle charging stations to be set-up on major highways (Mumbai -Pune, Mumbai-Goa, Mumbai-Nashik). Allocation of Rs 8,420 crore for the urban development department. Allocation of Rs 2,533cr for water supply and sanitation.New ring road to be made in Pune The ambitious 701 km, Rs 55,000 crore Samruddhi Mahamarg, like most other projects, has received a small timeline setback from the second wave of the Covid-19 pandemic, and the much-awaited opening of the first 520 km of the stretch will need to be pushed back from its May 1 deadline. When it opens to traffic, it will be multimodal, directly connecting 10 districts, 26 talukas and around 392 villages. The year 2021-22 has also caught the attention of the central government on infrastructure, and Maharashtra will also launch and commission many projects in the National Infrastructure Pipeline (NIP). CW Maharashtra’s panels are also expected to discuss the NIP and its work in the state. Established in 1996, Construction World is India’s premier and largest circulated construction business magazine, covering projects, policies and people to topical concerns, trends, technology, and products. This award-winning, flagship publication of Mumbai-headquartered ASAPP Info Global Group is circulated among architects and builders; material and equipment players, industry stakeholders, business leaders, policymakers, and change-agents. The magazine’s website www.constructionworld.in has over 180,000 unique visitors and around four million hits a month.

Related Stories

Gold Stories

Next Story
Equipment

BEML Wins GeM Award for Highest MSE Order Value

BEML Limited has received the “Maximum Order Value to MSEs” award at the 10th Foundation Day celebrations of the Government e-Marketplace (GeM) held at Bharat Mandapam, New Delhi.Union Minister of Commerce and Industry Piyush Goyal presented the award, which was received on behalf of BEML by Anil Jerath, Director (Finance).The recognition acknowledges BEML's efforts to strengthen procurement from Micro and Small Enterprises (MSEs) through the GeM platform.BEML said its procurement initiatives are aimed at encouraging greater participation of MSEs in public procurement and supporting the gr..

Next Story
Equipment

BKT to Showcase Advanced Off-Highway Tyres at Bauma ConExpo

Balkrishna Industries Ltd (BKT) will showcase its latest off-highway tyre solutions at Bauma ConExpo India 2026, scheduled from September 15-18 at the India Expo Centre, Greater Noida.The company will display a range of application-specific tyres for construction, mining and industrial operations at Hall 12, Booth No. 1. Key products will include the EARTHMAX SR 30 for loaders and articulated dump trucks and the AIROMAX AM 27 for mobile cranes.BKT will also showcase MINE FORCE, EARTHMAX EXPERTO GD1, XL GRIP NEO, DYNA HAUL, CONSTEER and EARTHMAX SR423. The tyres are designed to operate under he..

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement