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HomeIndiaAssociation with Bloomberg to boost Maharashtra’s development: Fadnavis

Association with Bloomberg to boost Maharashtra’s development: Fadnavis

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Mumbai, Oct 11 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Sunday said his government’s continued association with Bloomberg would play a significant role in the development of the state, including Mumbai.

Fadnavis made the remarks after meeting Bloomberg founder Mike Bloomberg here. Mumbai Municipal Commissioner Ashwini Bhide, investment advisor Kaustubh Dhavse and prominent industrialists were present, an official release said.

Welcoming Mike Bloomberg, entrepreneur and three-term mayor of New York City, to Mumbai, the chief minister said the two megacities shared several common characteristics and expressed appreciation for Bloomberg’s contribution to Maharashtra.

Fadnavis said Bloomberg had completed 30 years of business operations in India, with Maharashtra playing an important role in its journey. The company’s Indian headquarters is in Mumbai, while its engineers and experts in Pune are involved in developing Bloomberg Terminals, he said.

The company operates as a critical hub for financial data, technology, and journalism in India, with its strongest footprint anchored in Maharashtra.

The chief minister said the association between the Maharashtra government and Bloomberg had supported initiatives in road safety, health information systems, healthy cities and innovation in governance. These initiatives are being implemented in Mumbai, Pune and Nashik, he said.

Highlighting the expansion of Mumbai’s Metro network, Fadnavis said it was being expanded from its earlier 11 km to around 350 km. Nearly 100 km of Metro lines are operational, while another 70 km is planned to be commissioned by next year. The government aims to make the entire network operational by 2029-30, he said.

Under Prime Minister Narendra Modi’s vision, transport infrastructure is being expanded in several cities across the country, he said, adding that an extensive Metro network is also being developed in Pune.

Fadnavis said promoting public transport in Tier-II cities could bring positive changes in people’s behaviour. He thanked Mike Bloomberg and his team for their support and expressed confidence that the association would strengthen the state’s development initiatives.

Mike Bloomberg said Maharashtra was one of India’s important economic states and expressed satisfaction at completing 30 years of business operations in the country.

Recalling the company’s early days in India, he said it had started from a small shared workspace and now had its Indian headquarters in Mumbai. The company continued to invest in Mumbai and other parts of the country, while more than 100 engineers were working in Pune. It also planned to expand its engineering centre in the city, he said.

Bloomberg said the company’s commitment to India extended beyond business, noting that it had supported initiatives in public health, road safety, sanitation and clean energy for nearly two decades, according to the release.

He said the company would continue to work to develop products and solutions for people in Maharashtra and across India. PTI MR NR

This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.

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