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
Real Estate

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

Next Story
Real Estate

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Next Story
Infrastructure Energy

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement