Maharashtra Government picks consultants for IFSC master plan

The Maharashtra Metropolitan Regional Development Authority (MMRDA), headed by Chief Minister Devendra Fadnavis, is the nodal agency for the International Financial Services Center.

By: Express News Service | Mumbai | Published:October 10, 2016 2:53 am
maharashtra, maharashtra government. IFSC, International Financial Services Center, consultants, maha government picks, devendra fadnavis, india news, indian express The Maharashtra Metropolitan Regional Development Authority. (File Photo)

THE STATE government has decided to hand over the Mumbai International Financial Services Centre’s master plan to a consortium of Tata Consulting Engineers Ltd and Hong Kong’s Townland Consultants Ltd.

The Maharashtra Metropolitan Regional Development Authority (MMRDA), headed by Chief Minister Devendra Fadnavis, is the nodal agency for the International Financial Services Center, which is a key part of the government’s pet project of turning Mumbai into an international financial centre.

A government official said: “A six-month time frame has been given to the consultants to draw up the master plan for the project.”

The IFSC will come up on a sprawling plot in the Bandra-Kurla Complex. It will be located at the same venue where the government had held the Make In India Week in February 2016.

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