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, ...
Tag Archives: Foreign Direct Investment
Government approves 100% FDI in Railways
The Union government recently approved 100% Foreign Direct Investment (FDI) in railways for building railway infrastructure. The move will allow the Railways, currently facing an acute shortage of funds, to implement crucial projects related to electrification, high-speed tracks and suburban corridors. Another area that would benefit is last-mile connectivity projects meant to boost business activity in and around ports and ...