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Over a million people will have to be resettled and rehabilitated as a part of the Adani Dharavi project.
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Adani Group Plans to Spend USD 3 Billion to Revamp the Dharavi Slum
Adani Group, one of the world’s most diversified and reliable conglomerates, has always been keen on improving the living conditions of people through various noble initiatives. The conglomerate has always focused on CSR initiatives while implementing its projects. Presently, it has brought its focus to the Dharavi slum, which is one of the largest slums in Mumbai. The conglomerate plans on spending USD 3 billion on the Adani Dharavi project. • Presented By : Larana Corporate
What Made Gautam Adani Take Up the Dharavi Revamp Project? The Dharavi slum is home to thousands of people whose lives are in a highly miserable condition. The people at Dharavi struggle for survival each day. The condition of these people had greatly moved Gautam Adani during his early days in the business world, and he felt determined to improve their overall living conditions. Gautam Adani made his first visit to Dharavi in the late 1970s. At that time, he was completely new to Mumbai. He was just a youngster lurking around the city, looking for opportunities to build his career. Back then, Dharavi was the melting pot of Mumbai with its diverse cultures, beliefs, and languages. This diversity of the Dharavi community greatly inspired Gautam Adani, and he made up his mind to try and do his best to transform the slum area in future. Goals 2 Goals 3 Goals 4 www.reallygreatsite.com
What Are Gautam Adani’s Plans for The Dharavi Project? Gautam Adani’s plan for the Dharavi project mainly involves building modern apartments, offices and malls in the slum area. The Adani Dharavi is a completely different version of the slum area. This is going to bring about massive infrastructural development in Mumbai. It is also a step towards Adani Group’s aim of nation-building. Adani Group had won a bid of USD 620 million to redevelop the area in 2022. If successful in achieving this goal, the Adani Group will gain an excellent foothold in the financial capital of India. The Dharavi project is also expected to be the world’s most significant urban renewable project. It will have a massive role in strengthening the Indian economy and taking our country on the path of success. www.reallygreatsite.com
What Are the Challenges Involved? • Different organisations have already made several attempts to improve the lives of the people of the Dharavi slum and modernise the slum area. However, each one of them failed. Even the Mumbai government tried its best to overhaul Dharavi, but all these attempts failed, and there was no impact on the lives of the people living in the slum area of Dharavi. • The Dharavi revamp project would require pulling three major things all at once: • Acquiring large areas of land. • Attracting multiple investors to the place without stable utilities. • Resetting the massive communities that thrive there. • Over a million people will have to be resettled and rehabilitated as a part of the Adani Dharavi project www.reallygreatsite.com • Presented By : Larana Corporate