Maharashtra to catch up on infra development

The infrastructure activity in Mumbai is also symbolic of the more than Rs 1.6 trillion worth of projects underway across Maharashtra. Industry officials and experts, both, agree that the city and the state are witnessing a huge thrust on infrastructure development, which was missing for the past few years. These projects have opened up contract work opportunities worth Rs 1.6 trillion for infrastructure developers. However, the tie-up of finance for this amount will be the key challenge. In terms of a timeline, most of these projects are to be commissioned between 2019 and 2022.