India Global Forum Hosts NXT25 Summit 2025 in Maharashtra.
Summit Conference
In April 2025, the India Global Forum (IGF) hosted its flagship event, 'NXT25 Summit 2025 – Leading the Leap', from April 7 to 8 at the Jio World Convention Centre in Mumbai, Maharashtra.
- The summit was supported by the United Kingdom (UK) Government, the Government of Maharashtra, and the Ministry of Commerce and Industry (MoC&I), Government of India (GoI).
- During the IGF NXT25 Summit 2025, the Mumbai Metropolitan Region Development Authority (MMRDA) signed five MoUs worth USD 49.02 billion to accelerate infrastructure growth in the Mumbai Metropolitan Region (MMR). Key agreements include USD 18.09 billion with HUDCO for housing, transport, and urban development, USD 12.06 billion each with REC Limited and PFC for urban mobility and energy-efficient infrastructure, respectively.
- Additionally, USD 6.03 billion was signed with IRFC to boost transport infrastructure such as metro and suburban rail projects, and USD 843 million with NaBFID for smart infrastructure and urban development initiatives. These investments aim to support long-term, sustainable urban transformation across the region.
Main Point :- (i) The event witnessed participation from key dignitaries including Union Minister Piyush Goyal (MoC&I) and Devendra Fadnavis, Chief Minister of Maharashtra, alongside other prominent industry leaders and policymakers.
(ii) During the IGF NXT25 Summit, the Government of Maharashtra signed 5 Memoranda of Understanding (MoUs) valued at approximately USD 50 billion with leading domestic and international investors to enhance infrastructure, boost economic growth, and promote innovation across the state.
About Indian Railway Finance Corporation Limited (IRFC)
Chairman & Managing Director(CMD) : Manoj Kumar Dubey
Headquarters : New Delhi
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