Mukesh Ambani, the chairperson of India’s most valuable company Reliance Industries, is planning to build a global economic hub in Navi Mumbai. Reliance Industries has leased a massive 3,750 acres of land for 43 years in Navi Mumbai for a whopping Rs 13,400 crore. The land will be used to develop an integrated industrial area with global partnerships. Reliance Industries has already developed several integrated industrial complexes in India, including those in Jamnagar, Hazira, and Dahej. The company has also built an integrated smart city in Jhajjar and a state-of-the-art convention center in Mumbai’s Bandra-Kurla Complex.
The global economic hub in Navi Mumbai is expected to be a major economic driver for the region. Reliance Industries has a strong track record of developing large-scale infrastructure projects. The company’s expertise in petrochemicals, refining, and retail will be valuable in the development of the global economic hub.
The project is expected to create jobs and boost economic growth in Navi Mumbai. It will also provide a platform for Indian businesses to connect with global markets. The global economic hub is expected to be a major milestone in the development of Navi Mumbai as a leading economic center.
