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Adani's Dharavi plan to lift slum dwellers out of poverty
The Business Guardian
|July 21, 2023
Gautam Adani, the chairman of Adani Group, has expressed his personal commitment to the redevelopment of Dharavi, Asia’s largest slum cluster in Central Mumbai, after Adani Properties was approved for the project by the Maharashtra government. In an open letter on July 19, Adani shared his vision for transforming Dharavi into a state-of-the-art world-class city, reflecting a resurgent and self-assured India.
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He acknowledged the challenges ahead, recognizing that the Dharavi redevelopment is a unique and ambitious project, unlike any seen before, especially in comparison to Singapore’s pioneering housing project in the 1960s. The redevelopment aims to resettle and rehabilitate approximately a million people, making it one of the world’s largest urban resettlement and regeneration initiatives.
Adani highlighted three key aspects that make the project distinctive. First, it involves not just resettling residential units but also various establishments of different sizes, including trading, shopping, and other businesses thriving in Dharavi. The entire ecosystem and business fabric of diverse trades will be rehoused.
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