Top upcoming Mega Projects in India 2021
Top upcoming growing and increasing mega projects in India 2021. According to the Global Construction 2030 Report, it is sure that India will be the 3rd latest construction market after the USA and China by 2021. The rapidly growing and increasing mega projects in India will create a road map and lead the country to a massive boost in the nation’s infrastructure.
Here are the top upcoming mega projects in India 2021
Delhi-Mumbai trade Corridor (DMIC) US $90bn
The Delhi-Mumbai track Corridor is a 1,483 km railway track spread into nine “mega industrial zones.” The primary aim of this project is to create a quick billion-dollar scheme and build a reliable trade route linking the north of India to the south.
Currently, it is taking 14 days to transfer cargo along this route, according to the Industry Policy and Promotion (DIPP) Secretary Amitabh Kant. After completing this project, it will take just 14 hours to complete the delivery process.
Gujarat International Finance Tec-City (GIFT) US $20bn
The GIFT city project, which kicked off in 2016, was conceived to promote India as a financial power. It will cover a construction area of 8.5 million sqft. Two hundred skyscrapers, some upwards of 80 meters tall, will dot the area, rivaling other financial districts in scope.
World One Tower US $321m
WorldOne Tower is a tall residential skyscraper under construction in Mumbai. This project is designed by the world’s famous architect and fashion icon Giorgio Armani. This project is located in Lower Parel and is being built on a 17.5-acre site of the defunct Shrinivas Mill.
At s sky-piercing, 117 stories and over 440 meters in height, world one tower in Mumbai will be the world’s tallest purely residential structure. This complex will feature swimming pools, gyms, health clubs, and even a cricket pitch complete with a pavilion.
Navi Mumbai International Airport (NMIA)
Navi Mumbai International Airport (NMIA) is one of the most significant greenfield airport projects globally, which is projected to handle 10 billion passengers and travelers in its first year of operation. It has a capacity of 60 million passengers per year by 2030.
NMIA will cover 11.6 square kilometers once built, with two parallel runways and a terminal building situated in between them. It will have to divert the nearby Ulwe River, flatten hills, level the ground, and clear green patches.
Sagarmala Project
Projecting the Sagarmala Program aims to reduce logistics costs for EXIM and domestic trade and optimum infrastructure investment. This project will help to reduce the cost of transporting domestic cargo by optimizing the modal mix. It is expected to improve export competitiveness by developing port proximate discrete manufacturing clusters in this program. The SagarMala Programme will be helpful to optimize the time, manual efforts, and cost of EXIM container movement.
Sagarmala Programme is a massive project. The government has invested in more than 610 projects (cost: INR 8 lacs. Cr.) for project implementation. During 2015-2035, across the region of port modernization and new port development. As of May 2021, over 600 projects costing approx. INR 6 Lacs Cr. were under multiple stages of implementation, development, and accomplishment.
Bharatmala Project
The development of any nation depends on the transportation networks and their maintenance. The same holds for the development of a massive, famous, and prominent country like India. The Dharamsala Project aims to connect the areas and maintain the smooth flow of traffic and new and developed roads. The implementation of the Bharatmala project, under the scheme, is a host of new routes which will lay down in the nation.
Bharatmala Programme is a new umbrella project for the highway sector that focuses on analyzing and optimizing freight and passenger movement efficiency across the country. It aims to bridge critical infrastructure gaps through effective interventions like economic corridors, inter corridors, and feeder routes. The government will improve national infrastructure and corridor efficiency, border and international connectivity roads, coastal and port connectivity roads, and greenfield expressways.
Lokhandwala Minerva
Lokhandwala Minerva Complex will become a high presence in the Mumbai Skyline. It spreads over 85 stories to reach over 350 meters in height, and the government has built on former slum land. It is acquired using various schemes involving providing free ground and rehabilitation for those moved. Lokhandwala Minerva will boast designer interiors, fully-equipped gyms, and even a golf simulator.
Conclusion
In the era of modernization, a developing country like India needs to upgrade its upcoming infrastructure megaprojects and transform it into a fast-growing economy. Even for the upliftment of standard of living, better urbanization, development, and employment opportunities can play a crucial role.
So, the government has launched some mega projects in the past, like Chenani-Nashri Road Tunnel was one of them. Also, the present government has launched various future mega projects in India, as discussed above. It will bring a significant change in the country if completed timely.
