Maharashtra to transform Mumbai into a global financial, recreation hub

The government would host a conference next month where top business leaders from India and other parts of the globe would join government leaders in a bid to transform MMR.

by

Nithin Belle

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Published: Sat 31 Jan 2015, 11:31 PM

Last updated: Thu 25 Jun 2015, 9:06 PM

Mumbai: Maharashtra chief minister Devendra Fadnavis on Friday unveiled an ambitious plan to transform the Mumbai Metropolitan Region (MMR) into a global financial, commercial and entertainment hub.

Fadnavis, who recently attended the World Economic Summit in Davos, Switzerland, said the government would host a conference next month where top business leaders from India and other parts of the globe would join government leaders in a bid to transform MMR.

“This is the first step towards the Maharashtra government’s commitment of expediting the development of the MMR and transforming Mumbai into a global, financial, commercial and entertainment hub,” said Fadnavis. The event, to be held on February 6, will be in partnership with Mumbai First, a body that promotes and supports the policy for the betterment of Mumbai.

The conference will see stakeholders across sectors such as infrastructure, banking, finance and urban development discuss key challenges faced by the MMR region and the concrete steps that are required for moving ahead. “We at Mumbai First fully share the chief minister’s vision of making Mumbai a better city to live and work in,” said Narinder Nayar, chairman, Mumbai First.  “We are delighted to be associated with this important event and will extend our full support for faster and timely implementation of the identified projects”.

The BJP chief minister spoke about the potential that the MMR — which includes besides Mumbai, the satellite cities of Thane, Navi Mumbai, Kalyan-Dombivali, Bhayandar and Vasai-Virar — offers for growth.



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