Deshmukh projects Mumbai as financial hub

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| Pointing out that the state government had undertaken projects worth $8 billion to upgrade Mumbai's infrastructure, he said the government wanted to pump in $60 billion by 2020 to provide world-class infrastructure in the city. |
| Deshmukh was speaking at the seminar on 'Making India an International Financial Centre' at the World Economic Forum. |
| The state government has taken up the Mumbai makeover project, which aims at providing world-class infrastructure to the Mumbai Metropolitan Region (MMR) spread over 4,500 sq km. |
| The project comprises laying of rail lines, metro rail, water transport, upgradation of the airport and also a new airport at Navi Mumbai, which would be ready in three years. Besides, several projects to improve the city's water supply and drainage system are being undertaken, he pointed out. |
First Published: Jan 30 2008 | 12:00 AM IST