During a visit to Mumbai, Prime Minister Narendra Modi laid the foundation stone and inaugurated several development projects. At the event, PM Modi expressed his ambition to transform Maharashtra into a major global financial hub and make Mumbai the global fintech capital.
Emphasizing Maharashtra’s significant role in India’s development, he highlighted the state’s strengths in industry, agriculture, and finance. “Maharashtra has a glorious history, a strong present, and dreams of a prosperous future,” Modi stated. He also noted the positive reception from investors towards the National Democratic Alliance (NDA) government’s third term, citing its stability.
The inaugurated projects aim to enhance connectivity and infrastructure in Mumbai, benefiting its residents. Key projects include:
1. Infrastructure developments in road, railways, and ports worth over ₹29,400 crore.
2. Inauguration of the Indian Newspaper Society (INS) Towers at Bandra Kurla Complex.
3. Foundation stone laying for the Thane-Borivali Tunnel Project valued at ₹16,600 crore.
4. Initiation of tunnel work for the Goregaon Mulund Link Road (GMLR) Project, costing over ₹6,300 crore.
5. Foundation stone for the Kalyan Yard Remodelling and Gati Shakti Multi Modal Cargo Terminal at Turbhe, Navi Mumbai.
6. Dedication of new platforms at Lokmanya Tilak Terminus and the extension of platforms at Chhatrapati Shivaji Maharaj Terminus Station.
7. Launch of the Mukhyamantri Yuva Karya Prashikshan Yojana with a budget of around ₹5,600 crore.
These initiatives are set to significantly upgrade Mumbai’s infrastructure and boost its economic growth.
