Business Standard

After a long lull, Maharashtra tries to catch up on infra development

With Rs 1.6 trillion worth of projects underway, industry experts say finance will be a key challenge

Mumbai metro

Mumbai metro

Amritha Pillay Mumbai
Most of Mumbai's roads, at present, have a 'work in progress' board greeting its city dwellers. Under implementation is the city's biggest metro plan, to be executed in different phases. The infrastructure activity in Mumbai is also symbolic of the more than Rs 1.6 trillion worth of projects underway across Maharashtra.  

Industry officials and experts, both, agree that the city and the state are witnessing a huge thrust on infrastructure development, which was missing for the past few years. These projects have opened up contract work opportunities worth Rs 1.6 trillion for infrastructure developers. However, the tie-up of finance

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First Published: Jun 30 2018 | 10:18 PM IST

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