Finance Minister Ajit Pawar announced that the Vadhvan port in Maharashtra’s Palghar district will be operational by 2030. This announcement was made during the presentation of the Maharashtra Budget 2025 in the legislative assembly. This was Ajit Pawar’s 11th budget presentation, reports Maritime Gateway.
Operational By 2030
Ajit Pawar presented a Rs 7,20,000 crore budget for 2025-26 with a revenue deficit of Rs 45,891 crore in the state legislative assembly. Ajit Pawar said that Maharashtra`s new industrial policy will focus on Rs 40 lakh crore investment and the generation of 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.
“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. In his budget speech, Ajit Pawar also announced a night landing facility at Shirdi airport soon.
He also said domestic flights will operate from Navi Mumbai International Airport from next month, adding that 85 percent of the work has been done and trials successfully conducted. Also, the Mumbai Metro service will link Mumbai`s Chhatrapati Shivaji Maharaj International Airport with the Navi Mumbai International Airport, Ajit Pawar added.
Did you subscribe to our daily Newsletter?
It’s Free Click here to Subscribe!
Source: Maritime Gateway
