Category : Business and economicsPublished on: June 10 2024
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Reliance Industries Limited (RIL) is set to develop a global economic hub in Navi Mumbai, having secured sub-leases on approximately 3,750 acres of land.
This initiative follows a memorandum of understanding signed with the Maharashtra government in 2018, solidifying RIL's commitment to this large-scale project.
The land lease spans 43 years, providing RIL with a substantial timeframe to establish and expand the economic hub in Navi Mumbai.
