Construction of the Versova–Bandra Sea Link in Mumbai.
Photographer: Abeer Khan/BloombergMumbai Facelift Is Inspired by 200-Year-Old New York Blueprint
Indian officials are spending billions to revamp the country’s financial capital and subpar infrastructure.
Mumbai doesn’t necessarily look the part of a major financial capital.
India’s seaside metropolis is riddled with torn-up roads. Monsoon flooding inundates areas near the stock exchanges and transforms even the ritziest neighborhoods into lakes. And traffic is so extreme that Mukesh Ambani, Asia’s richest person, sometimes commutes to work on a helicopter, dodging half-finished skyscrapers and a mishmash of construction projects.