Mahrashtra Budget 2025: Vadhavan Deep Seaport To Be Operational By 2030
Pawar also mentioned a facility for night landing at Shirdi airport in his budget speec which is expected to be unveiled soon.
The Vadhvan deep seaport in the Palghar district is set to be operational by 2030, according to Finance Minister Ajit Pawar, who tabled the Maharashtra state budget in the legislative assembly on Monday.
Pawar tabled his 11th state budget and said that Maharashtra's new industrial policy will focus on garnering investments worth Rs 40 lakh crore and generating 50 lakh jobs.
The Mumbai Metropolitan Region is being developed as a growth hub, and it will have a 1.5 trillion economy by 2047, Pawar said in his budget speech.
He also announced a new health and senior citizens' policy for Maharashtra.
"Vadhvan port in Palghar will be operational by 2030," the minister said, adding the third airport for Mumbai is proposed near the Vadhvan port and a station of the Mumbai-Ahmedabad bullet train will also be near the port.
Pawar also mentioned a facility for night landing at Shirdi airport in his budget speech, which is expected to be unveiled soon.
He also said domestic flights will operate from Navi Mumbai International Airport from next month, adding that 85% of the work has been done and trials successfully conducted.
Maharashtra's government has also unveiled plans to expand Mumbai's metro-railway system, connecting Navi Mumbai to Santa Cruz via a new line that will link the Navi Mumbai International Airport to the Chhatrapati Shivaji Maharaj International Airport.
The proposed metro line aims to enhance connectivity and facilitate travel between the two airports as a part of the state's broader efforts to upgrade its infrastructure and spur more economic growth.
In addition to the metro expansion, the government has also announced a "Logistics Policy" focused on constructing dedicated logistics infrastructure across 10,000 acres. This initiative is expected to create approximately 5 lakh direct and indirect jobs, driven by special incentives and facilities offered to infrastructure projects.
(With Inputs From PTI)
