4 months ago
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The heads of assorted Maharashtra authorities improvement corporations connected Thursday (February 19, 2026) made a beardown transportation for Maharashtra’s ongoing infrastructural development, adding that caller projects being developed would spell a agelong mode successful propelling the State’s system to scope $1 trillion successful size by 2030.
Speaking astatine the Global Economic Cooperation 2026 acme organised by the Future Economic Cooperation Council, apical officials from the Maharashtra State Road Development Corporation (MSRDC), City and Industrial Development Corporation of Maharashtra (CIDCO), Maharashtra Industrial Development Corporation (MIDC), and the Mumbai Metropolitan Region Development Authority (MMRDA) each spoke astir their imaginativeness of Maharashtra’s future.
“Maharashtra contributes astir 15% of exports, 15% of concern output, 31% of FDI, and astir 70% of the information centre capableness of the country,” Vijay Singhal, managing manager and vice-chairman of CIDCO said. “We are moving towards a $1 trillion system by 2030.”
He added that the caller Navi Mumbai International Airport, owned by CIDCO, would spell a agelong mode successful attaining this goal, particularly owed to the caller additions being made to the airport.
“Yesterday, the Chief Minister inaugurated the FedEx cargo hub which has a ₹25,000 crore investment,” Mr. Singhal said. “We are besides bringing DHL. We are starting planetary operations by the extremity of March. The airdrome volition person 2 runways and 4 terminals with a capableness of 90 cardinal passengers per year, making it the size of London’s airport.”
Moving distant from airports, Anilkumar Gaikwad, the vice-chairman and managing manager of MSRDC pointed retired that the completion of the country’s longest expressway — the 701 km agelong Hindu Hrudaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg connecting Mumbai and Nagpur — would beryllium followed by the improvement of the portion this expressway runs through.
“Along the expressway, determination is simply a program to transportation retired the systematic improvement of the nodes,” Mr. Gaikwad said. “The expressway has 26 interchanges and for 15 interchanges, MRSDC volition beryllium the readying authorization for the area. One interchange is astir 8,000 hectares, which is the country that volition beryllium developed astatine each one.”
Shankar Deshpande, Chief Investment & Planning Officer astatine the MMRDA, said that the multimodal corridor connecting Alibaug to Virar would guarantee that immoderate question crossed 100 kilometers takes little than an hour.
The slug bid task volition besides unlock the area, reaching from Bandra to Thane successful 8 minutes,” helium said. “As Maharashtra targets a $1 trillion economy, the Mumbai Metropolitan Region volition itself go a $1 trillion economy, and our GDP per capita volition emergence from $4,000 to astir $10,000. We are moving connected an ‘infrastructure stack’ — physical, digital, social, blue, and greenish — to pull planetary capital.”
(The newsman is astatine the GEC 2026 acme connected the invitation of the Future Economic Cooperation Council.)
