The Mumbai Metropolitan Region Development Authority (MMRDA) has secured USD 40 billion (around Rs 3.5 lakh crore) in investments at the World Economic Forum (WEF) in Davos 2025, marking a major milestone in infrastructure and economic growth.
The 11 Memorandums of Understanding (MoUs) signed will drive urban transformation through foreign direct investment and public-private partnerships, fostering sustainable development in transportation, logistics, and smart infrastructure. Key investors include Brookfield Corporation (USD 12 billion), Blackstone Inc. (USD 5 billion), Sumitomo Realty & Development (USD 5 billion), and K Raheja Corp Pvt. Ltd. (USD 5 billion), all contributing to MMR’s vision of becoming a trillion-dollar economy.
A significant focus of the MoUs is enhancing transportation networks and urban mobility solutions within the Mumbai Metropolitan Region. Crossrail International (UK) will conduct a strategic study on optimizing Mumbai’s transport infrastructure, while the University of Birmingham Centre for Railway Research and Education will work on sustainable urban transport solutions. These initiatives align with Maharashtra’s vision of efficient mobility and global connectivity, integrating technological advancements to streamline commuting and regional accessibility. Additionally, investments in infrastructure development will create new growth centres, boosting economic sustainability and public transit systems.
In the logistics and parking sector, MMRDA is driving innovation to support rapid urbanization. Sotefin Bharat Pvt. Ltd. (India + Switzerland) has pledged USD 1 billion to revolutionize parking solutions, addressing urban congestion and efficiency. The development of a Circular Economy Park by MTC Business Pvt. Ltd. and Mitsui (India + Japan) will enhance sustainability in logistics and commercial operations. These strategic investments reinforce MMR’s potential as a global economic hub, aiming for a USD 300 billion economy and creating three million jobs by 2030.