MMRDA Signs ₹4.07 Lakh Cr MoUs for Infrastructure & Investment

The Mumbai Metropolitan Region Development Authority (MMRDA) signed five MoUs worth ₹4.07 lakh crore on Tuesday. This includes a ₹1.5 lakh crore agreement with HUDCO for infrastructure development and ₹1 lakh crore each with REC, PFC, and IRFC. An additional ₹7,000 crore MoU was signed with the National Bank for Financing Infrastructure and Development.

MMRDA also inked a deal to establish a Global Capability Centre for Unilever's Magnum Ice Cream business in Pune, with an investment of ₹900 crore, creating 500 jobs.