By signing Memorandums of Understanding (MoUs) worth Rs.8 lakh crore, Maharashtra managed to outpace other states in the recently held Make in India week. The MoUs being signed by various companies, and with these firms indicating their investment intentions, clearly showcases the faith being reposed in Maharashtra by the industry.
FlashNews:
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We will soon form an SPV for port connectivity projects
The state has a long coastline of 720 km, which is almost 10 per cent of India´s coastline. It´s well connected through 18 National Highways and nearly 6,000 km of the railway network.
Financial bids invited for Navi Mumbai airport
The City and Industrial Development Corporation (CIDCO) has invited financial bids for the proposed Navi Mumbai airport.
Mumbai Metropolitan Region | In Transit
If all the proposed metro and monorail projects were to be executed effectively and started rolling on time, Mumbai - the city of dreams - would soon be a commuters´ paradise.
Centres nod for second stage of bidding for NMIA
The Centre has given its approval for second stage of bidding (RFP) for the proposed Rs.15,000 crore Navi Mumbai International Airport.
Projects worth Rs.8,000 cr under Navi Mum smart city plan
The smart city plan of Navi Mumbai will include projects worth Rs.8,000 crore. A major chunk of that-amounting to around Rs.6,000 crore-will involve various development projects by the civic body, another Rs.1,000 crore for projects by Cidco and Rs.250 crore to be worked out by MSEDCL.
CIDCO to develop area around JNPT
The City and Industrial Development Corporation (CIDCO) announced that it would develop 273.69 sq km area around the Jawaharlal Nehru Port Trust (JNPT) region to address the issues of port related activities.
City development plan has to take into account the integration process
Pratap Padode, Founder & Director, Smart Cities Council India, talks about the Council´s capacity building programmes and issues ranging from technology to finance.
Funding Dichotomy
The population surge, rapid urbanisation, and the consequent congestion have time and again fuelled the ´need for speed´. Mass rapid transit system like the metro rail has dawned as a panacea in this regard.
Rent and reward
True wealth to the nation is generated only when the land is put to productive use. Long-term land lease over land acquisition can accelerate the investment cycle in India.