The event assumes significance given the megapolis's aspiration to become a global financial centre and is inspired by Prime Minister Narendra Modi's idea of promoting greater cooperation and people-to-people contact among BRICS (Brazil, Russia, India, China and South Africa) nations, a press release issued today from the organisers here said.
The programme - BRICS Friendship Cities Conclave - is being organised jointly by the Maharashtra government and the External Affairs Ministry between April 14 and 16.
At least two governor-level delegations from Russia and three ministerial-level delegations from China have confirmed their participation, the release said.
Union Finance Minister Arun Jaitely, External Affairs Minister Shushma Swaraj, Maharashtra Chief Minister Devendra Fadnavis will attend the opening ceremony.
Lord Jim O' Neill, the UK commercial secretary, who coined the term BRICS will also address the inaugural session.
This is the second major international summit hosted by Mumbai in 2016 after the 'Make In India Week' last month.
Mumbai First chairman Narindar Nayar said, "The
conclave will discuss big challenges such as urban mobility, water and waste management, governance. I am excited at the prospects of Mumbai's policy makers and urban planners taking valuable lessons from the best practices of BRICS nations."
The conclave will showcase models such as Brazil's Minha Casa, Minha Vida (My House, My Life), a successful affordable housing programme that has improved the quality of life for low-income families, and China's experiments with solar energy, it said.
A discussion on renewal of sub-city areas will feature Mumbai's very own Bandra Kurla Complex, Singapore's East London and Jurong, Hong Kong's Kennedy Town, China's Shanghai, and Johannesburg.
Mumbai Mayor Snehal Ambekar will chair a session with visiting mayors. There will also be a special session on industries.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
