Confident of finishing all transport projects in Mumbai by 2022, Maharashtra chief minister Devendra Fadnavis said that the city would see a transformation, in terms of mobility, with projects ranging from underground metro and a sea bridge, to coastal roads, elevated suburban trains and new airports.
Fadnavis, who was at Davos, to attend the World Economic Forum (WEF) Annual Meeting and promote Maharashtra as an investment destination for global businesses, also said there was huge scope for all industries in the manufacturing sector in the state and the services industry was also growing very fast.
“Now, the focus is also on Industry 4.0 or the Fourth Industrial Revolution sectors, such as artificial intelligence, innovations, startups and big data analytics. These will change the face of how businesses look today and they will create jobs. One of the big focusses is Industry 4.0,” the chief minister told PTI in an interview.
He also said that his government was working on creating an IFSC (International Financial Services Centre) in Maharashtra and he was confident to be able to do that. “Mumbai is the natural financial services centre. Besides, Maharashtra is preparing the country’s first Fintech policy, which we will publish in the coming days. The future is Fintech or financial technology and I feel Maharashtra can lead on this front,” he said. On various infrastructure projects underway for Mumbai, where traffic snarls have often led to criticism from various quarters, Fadnavis said all projects will start getting delivered from 2019 itself and would be completed by 2022.
“These include 258 kms of metro network in Mumbai and the suburban areas, which would be one of the biggest in the country. About 50 kms of elevated suburban railway network is also being set up. We are also making coastal roads, a new sea link, a sea bridge from Mumbai to Navi Mumbai, an airport in Navi Mumbai is coming up, an underground metro is there and on the eastern coast, there will be RoRo services. So these are projects of all modes of transport. Among all these, work has begun on almost all major projects and there are a few, for which we will issue work orders this month itself or maybe next month,” he said.
Fadnavis said there is no single project that is still at conception stage. “By 2022, I will beat the rate of urbanisation, in terms of mobility in Mumbai,” he asserted.