Maharashtra Begins Work On ‘Third Mumbai’ In Raigad

21 Aug 2025 CW Team

The Maharashtra government has begun work on developing a ‘Third Mumbai’ in Raigad district, aimed at accelerating growth in the Mumbai Metropolitan Region, Chief Minister Devendra Fadnavis announced. Speaking at the inauguration of Goldman Sachs’s new office in Worli, Fadnavis described the initiative as a new chapter in the state’s economic journey.

The proposed city will host international university centres, medical colleges, innovation hubs, and research facilities, with a particular focus on quantum computing and AI-based systems. Fadnavis said the project, driven through public-private partnerships, would play a crucial role in shaping the economic future of both Mumbai and Maharashtra.

Seamless connectivity between Mumbai and the new city will be ensured through major infrastructure projects, including the Coastal Road, Atal Setu and Worli-Sewri Link Road. Fadnavis added that the state will fast-track all required clearances for investors and provide a smooth, investor-friendly environment to strengthen its ease-of-doing-business ranking.

“The state is committed to resolving any issues promptly to ensure development moves without hurdles,” he said.

At the event, Goldman Sachs president Kevin Sneader highlighted India’s growing importance for the firm, while Goldman Sachs India CEO Sonjoy Chatterjee said the new office design reflects a focus on collaboration, innovation and employee well-being.

According to the Chief Minister’s Office, Goldman Sachs began services in India in the 1980s and established full ownership in Mumbai in 2006. Its operations now span investment banking, equity sales and trading, fixed income securities, asset management, and research services.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..