Maharashtra accelerates infra development to achieve trillion-dollar economy goal

29 Oct 2024 CW Team

The Mumbai-Thane-Pune-Nashik triangle is central to Maharashtra's economic strength, serving as a hub for industries, IT companies, and the film sector. The rapid population growth in these cities underscores the need for robust infrastructure and new developments.

Key Infrastructure Projects The state is advancing several significant projects to bolster its infrastructure and economic potential. One of the major initiatives is the construction of a large port in Pradhan, Palghar district, estimated to cost ?76,000 crore and expected to become one of the largest ports globally.

The Navi Mumbai International Airport is another critical project scheduled to become operational by December 2025, enhancing regional connectivity.

Additionally, the Kalamboli Circle development aims to improve connectivity between Pune and Navi Mumbai International Airport, with a budget allocation of ?770 crore, demonstrating the government's commitment to transportation improvements.

Transportation Enhancements The Virar-Alibaug Multi-Modal Corridor expansion is an ambitious project spanning 126 km, designed to enhance transportation in Mumbai, Thane, and Raigad districts. With an estimated cost of about ?57,000 crore, it reflects Shinde's commitment to completing the project by 2030.

The Pune Ring Road project, essential for the city's IT and industrial sectors, has a budget of ?36,858 crore. This 128 km ring road will facilitate easier movement around Pune and is expected to be completed by 2026.

Connectivity Improvements The Mumbai-Pune Missing Link project aims to reduce travel time between the two cities by constructing a tunnel in the ghat region. Scheduled for completion by 2025, with a budget of ?6,600 crore, this project exemplifies efforts to enhance connectivity.

These initiatives align with Maharashtra's vision for a prosperous future. The Mahayuti government's dedication highlights a strategic approach to enhancing economic strength and building resilient infrastructure.

Under the leadership of Eknath Shinde, the Maharashtra government is fast-tracking numerous projects aimed at bolstering economic growth. As India stands as the fifth-largest economy globally, Maharashtra is working towards its goal of becoming a trillion-dollar economy through enhanced infrastructure development. The Mumbai-Thane-Pune-Nashik triangle is central to Maharashtra's economic strength, serving as a hub for industries, IT companies, and the film sector. The rapid population growth in these cities underscores the need for robust infrastructure and new developments. Key Infrastructure Projects The state is advancing several significant projects to bolster its infrastructure and economic potential. One of the major initiatives is the construction of a large port in Pradhan, Palghar district, estimated to cost ?76,000 crore and expected to become one of the largest ports globally. The Navi Mumbai International Airport is another critical project scheduled to become operational by December 2025, enhancing regional connectivity. Additionally, the Kalamboli Circle development aims to improve connectivity between Pune and Navi Mumbai International Airport, with a budget allocation of ?770 crore, demonstrating the government's commitment to transportation improvements. Transportation Enhancements The Virar-Alibaug Multi-Modal Corridor expansion is an ambitious project spanning 126 km, designed to enhance transportation in Mumbai, Thane, and Raigad districts. With an estimated cost of about ?57,000 crore, it reflects Shinde's commitment to completing the project by 2030. The Pune Ring Road project, essential for the city's IT and industrial sectors, has a budget of ?36,858 crore. This 128 km ring road will facilitate easier movement around Pune and is expected to be completed by 2026. Connectivity Improvements The Mumbai-Pune Missing Link project aims to reduce travel time between the two cities by constructing a tunnel in the ghat region. Scheduled for completion by 2025, with a budget of ?6,600 crore, this project exemplifies efforts to enhance connectivity. These initiatives align with Maharashtra's vision for a prosperous future. The Mahayuti government's dedication highlights a strategic approach to enhancing economic strength and building resilient infrastructure.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..