Infrastructure is foundation of economic growth, diplomats say at Mumbai conclave

M. Jamshed addressed The Hindu’s Maharashtra Infrastructure Conclave 2026 in Mumbai on May 22, highlighting infrastructure as key to economic growth. Australian and Finnish consuls general discussed investment opportunities and urban projects during the event.

M. Jamshed said infrastructure is not merely the bedrock of development but development itself. He described Maharashtra as a lighthouse for infrastructure from Delhi’s perspective and noted the Centre’s shift since 2014 toward integrated physical, digital and social infrastructure.

Australian Consul General Paul Murphy called the pace of transformation in Mumbai and Maharashtra astounding. He cited metro rail expansion, the Coastal Road and highway projects as drivers of investor confidence, adding that Australian firms are exploring renewable energy and electric mobility partnerships.

Finland’s Consul General Erik Hallstrom stressed the need for more public transport, including metro lines and integrated systems. He highlighted Finnish interest in sustainability, green technologies and education, while noting competition from other Indian states for global investments.

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Narendra Modi and Emmanuel Macron signing the Innovation Roadmap 2030 agreement in Nice, France.
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India and France adopt Innovation Roadmap 2030 during Modi visit

በAI የተዘገበ በ AI የተሰራ ምስል

Prime Minister Narendra Modi and French President Emmanuel Macron held bilateral talks in Nice on June 14, resulting in the adoption of an Innovation Roadmap 2030 and a new Dialogue on Economic Security.

Deputy Prime Minister Temesgen Tiruneh stated at the launch of Ethiopia's Basic Infrastructure and Construction Week in Addis Ababa that ongoing national projects serve as reliable foundations for sustainable development. He emphasized the leadership principle of creativity, speed, and quality as key to Ethiopia's transformation. The event aligns with efforts toward national development visions.

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Ethiopia's Finance Minister Ahmed Shide called for intensified financial support for future road corridor construction at the 28th African Development Bank Ministerial Meeting, held alongside the World Bank and IMF Spring Meetings. Ethiopia participated in the gathering.

India and Italy have upgraded their bilateral relations to a special strategic partnership during Prime Minister Narendra Modi's visit to Rome. The two nations also agreed on a defence industrial roadmap and set a target to expand annual trade to 20 billion euros by 2029.

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The Rajasthan Cabinet approved a new industrial development policy on May 22, 2026, with emphasis on the talent economy and private sector involvement. The policy aims to build world-class infrastructure and boost the state economy to $350 billion by 2028-29.

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የእኛን ጣቢያ ለማሻሻል ለትንታኔ ኩኪዎችን እንጠቀማለን። የእኛን የሚስጥር ፖሊሲ አንብቡ የሚስጥር ፖሊሲ ለተጨማሪ መረጃ።
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