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TMI BlogBudget: 7 business centres to come up in Mumbai; city to have USD 1.5 trillion economy by 2047X X X X Extracts X X X X X X X X Extracts X X X X ..... Budget: 7 business centres to come up in Mumbai; city to have USD 1.5 trillion economy by 2047 X X X X Extracts X X X X X X X X Extracts X X X X ..... te budget on Monday. Pawar, who tabled the budget for the fiscal 2025-26 in the state assembly, said the Mumbai Metropolitan Region will be developed as a growth hub and an international-standard economic development centre. He said business centres will be established at the Bandra-Kurla Complex (BKC), the Kurla-Worli area, Wadala, Goregaon, Navi Mumbai, Kharghar and the Virar-Bhoisar area. Th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e minister further said that the state government has a 26 per cent share in the Vadhavan port, which is being constructed at the cost of Rs 76,220 crore. The port will have an annual cargo handling capacity of approximately 300 million metric tonnes, three times the capacity of the Jawaharlal Nehru Port Trust (JNPT), he said. "The Vadhavan port is expected to commence cargo operations by 2030," ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Pawar said, adding that the third airport for Mumbai and the Mumbai-Ahmedabad bullet train station will be established near the port. He said the port will also be connected to the Mumbai-Nagpur Samruddhi Expressway. The state government will also announce a policy to provide financial incentives for modern and well-equipped boats to ensure safe travel from the Gateway of India to Mandwa and El ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ephanta. Pawar said the metro project, connecting the Chhatrapati Shivaji Maharaj International Airport in Mumbai to Navi Mumbai International Airport, is set to commence soon. He said the newly developed Navi Mumbai International Airport at Ulwe, covering 1,160 hectares, will have the capacity to handle 90 million passengers and 2.6 million tonnes of cargo annually. About 85 per cent of the wo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rk is completed, and test flights have successfully been conducted, the minister said, adding that domestic flight operations are planned to commence in April. Pawar said 64.4 km of metro lines will be inaugurated, with 41.2 km in Mumbai and 23.2 km in Pune in the next financial year, while 237.5 km of metro lines will be operational in the next five years. Dr Babasaheb Ambedkar International Ai ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rport in Nagpur is being upgraded and modernised through private participation, and this will increase passenger and cargo capacity. It will boost Vidarbha's economic development, he said. The government has plans to start passenger services at Amravati airport by this month's end, while the survey and exploration work for a new airport in Gadchiroli is in progress, and funds will be provided fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r the expansion of Akola airport. PTI MR ARU X X X X Extracts X X X X X X X X Extracts X X X X
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