During the Agenda Aaj Tak, Pranav Adani, Director of Adani Enterprises, openly discussed the redevelopment project of Dharavi. He mentioned that it is the world's largest redevelopment initiative and efforts to transform it have been ongoing for 40 years, but now the face of Dharavi is set to change.
Explaining the Dharavi project in detail, Pranav Adani revealed that the area is set to have two lakh new homes. According to him, the government has decided that residents living there before the year 2000 will be given homes in the same area, while those who came post-2000 will receive homes elsewhere in Mumbai.
Keys Before Development
Adani addressed the major concern of residents regarding the assurance of new homes after vacating their current spaces. In response, the Adani Group plans to construct homes first, handing over the keys to the owners before commencing further redevelopment in those areas.
Situated at the heart of the city, Dharavi will now be equipped with modern amenities. The redevelopment plan includes metro connectivity and other infrastructure projects, making it a multi-modal development. The complete blueprint is ready, and work is progressing on it.
Pranav Adani's Views on Mumbai's Airports
Speaking about Mumbai's airports, Pranav Adani compared it to cities like London with 4 to 5 airports, emphasizing that Mumbai should have 2 to 3. The advent of an airport in Navi Mumbai will bring significant change, potentially reducing travel time by about half an hour.
Adani highlighted their infrastructure development work across various states, with plans for expanding Assam's airport — a strategic location that should have seen more investment earlier.
The Potential in Bihar: Pranav Adani
On Bihar, he noted that having participated in the state's summit twice, he's observed significant business opportunities. Bihar's youth are particularly ambitious, and with the right opportunities, nothing can halt its progress. For this reason, Adani Group has initiated projects ranging from smart meters to cement plants in Bihar, marking a slow yet positive transformation.
The Impact of AI
Discussing AI, he predicted its integration into daily life. Job categories might shift, but cutbacks aren't expected. He emphasized Adani Group's role in nation-building and their keen interest in witnessing rapid growth in Tier 2 and 3 cities.
Ease of Doing Business in India
Significant improvements have been observed in the ease of doing business in India. Compared to 10-12 years ago, it has become much simpler across cities and states. Now, businesses can easily manage operations online, which was once challenging. His advice to the youth: keep an entrepreneurial mindset for successful startup ventures.