Maharashtra to Develop ‘Third Mumbai’ in Raigad District
CM Devendra Fadnavis announced the new city, which will feature international universities and research centers, during the inauguration of a Goldman Sachs office.
- Maharashtra will develop a ‘Third Mumbai’ in the Raigad district.
- The new city is aimed at boosting development in the Mumbai Metropolitan Region.
- It will host international universities, medical colleges, and innovation centers.
GG News Bureau
Mumbai, 19th Aug: Maharashtra Chief Minister Devendra Fadnavis announced on Monday that his government is developing a ‘Third Mumbai’ in the neighboring Raigad district to boost growth in the Mumbai Metropolitan Region (MMR). This new city, he stated, will mark a new chapter in the state’s economic development.
The announcement was made during the inauguration of global investment banking company Goldman Sachs’s new office in Worli, Mumbai. Fadnavis said the state government is committed to development and is working with the private sector to build ‘Third Mumbai.’ The new city will host centers for international universities, medical colleges, innovation centers, and research facilities, with a focus on quantum computing and AI-based systems.
Assuring investors of an investor-friendly environment, the Chief Minister urged them to take the lead in the new city’s development through a public-private partnership. He stated that all necessary government approvals would be fast-tracked to ensure a smooth process.
Fadnavis also assured direct connectivity between Mumbai and ‘Third Mumbai’ through ongoing infrastructure projects like the Coastal Road, Atal Setu, and the Worli-Sewri Link Road.
Goldman Sachs President Kevin Sneader said the opportunities in the Indian market are very important for the company. Sanjay Chatterjee, CEO of Goldman Sachs India, called the new office a significant milestone.
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