Ring in the Change: Mumbai Secures $2.5 Billion for Road Project

Maharashtra State Road Development Corporation has raised $2.5 billion in funding commitments for a large road project outside Mumbai. The ambitious infrastructure development will help ease traffic congestion and improve road conditions in the area. The project is in line with a greater plan to modernize Mumbai's infrastructure as part of efforts to decongest the city by 2029. The financing will be towards the development of luxury roads, assisting in the creation of a more efficient transport system in the Mumbai Metropolitan Region.

Source: Bloomberg