Smart City Leader’s Conclave on Sustainable Expansion of Mumbai: Reshaping Urban Growth for a Resilient Future

Dr. Shirish Sankhe

Director and Founding Partner, ISEG Foundation

In over 26 years at McKinsey, Shirish worked on the transformation and turnaround of several companies and helped them achieve significant and sustained performance improvements. He worked with energy, metals/mining, manufacturing and infrastructure companies in India and across the world. As a Senior Partner, he led McKinsey’s Energy and Materials Practice in Asia as well as the Restructuring/Transformation practice.

In addition to serving companies, Shirish has worked on the topics of net zero transition, economic growth and urbanization in India. He has worked with state and central governments on urbanization policies and the development of new cities. He was closely involved with the McKinsey Global Institute (MGI) on economic research for over 20 years.

Shirish has authored several landmark reports on India’s economic growth and urbanization. His latest report is on India’s net zero transition – “Decarbonising India: Charting a pathway for sustainable growth” (October 2022). His latest in the economic growth area was MGI’s 2020 report “India’s Turning Point: An economic agenda to spur growth and jobs” which he lead-authored. The report highlights the actions needed to return the economy to a high-growth path and create gainful jobs for 90 million workers by 2030.
After stepping out from McKinsey in December 2022, Shirish has been driving ISEG Foundation (Institute for Sustainability,

Employment and Growth), a non-profit multi-stakeholder institute focused on job creation and net zero transition in India. ISEG is currently working on 3 major projects: 1) Economic master-planning of Mumbai Metropolitan Region, 2) Economic master-planning of Varanasi-Prayagraj Region, 3) Energy Transition in Maharashtra State.

Shirish holds a PhD in Chemical Engineering from Purdue University and is a graduate of the Wharton Executive Management Program of University of Pennsylvania.

Mr. Sanjay Dutt

MD & CEO, TATA Realty & Infrastructure Ltd

From becoming an entrepreneur at the age of 21 to his current stint as MD & CEO of Tata Realty & Infrastructure Ltd and Tata Housing Development Company Ltd, Sanjay Dutt has over 30 years of experience in the Real Estate Development and Consulting space.

At Tata Realty & Infrastructure and Tata Housing, he oversees 37 million sq.ft of Residential and Commercial Development and management across 13 cities and 21 projects in India, Sri Lanka & Maldives, which comprises sectors in Commercial, Retail, Hospitality and Residential (Luxury/Premier, Affordable, Second Home & Mixed-Use Township). He is also involved in the management of the infrastructure projects, which includes 3 rope ways, 4 roadways & a Metro project in Pune.
He is privileged to be:
• Chairman – South Asia Board, RICS
• Chairman – APREA Advocacy Committee, Asia
• Executive Committee Member – ULI
• President Elect – NAREDCO Maharashtra
• Member – Assocham – Ease of Doing Business
• Board Member – RICS World Regional Board

He served as Chairman of FICCI Real Estate Committee for last 4 years. In his previous role, he was the CEO India Operations & Private Funds with The CapitaLand, a multinational Alternative Asset Management Company focusing on real estate, infrastructure and private equity.

Sanjay spent 23 years with top 3 Global Real Estate Consulting companies. He was MD South Asia at Cushman & Wakefield (2001-2008 and 2012-2016), where he was responsible for setting up new businesses and mentoring leaders for successful turnaround strategies, growth and profitability. He implemented the successful merger and integration for DTZ & C & W. In his stint as CEO Business with JLL (2008 – 2012) CBRE, India (1996- 2001) included setting up of businesses in Mumbai and Pune. Sanjay holds a Post-Graduate in Marketing & HR from the International Management Institute.

R. Mukundan

Managing Director & CEO, Tata Chemicals Ltd.

Mr. R. Mukundan, Managing Director & CEO of Tata Chemicals Limited, joined Tata Administrative Service in 1990, after completion of MBA from FMS, Delhi University. He is an Engineer from IIT, Roorkee and an Alumnus of Havard Business School.

Mr. Mukundan’s career with Tata Group spans over 30 years during which he has held various responsibilities across the Chemical, Automotive and Hospitality sectors of the Tata Group. He serves on Executive Committees of various industry forums viz. Confederation of Indian Industry, Bombay Chamber of Commerce & Industry, Employers’ Federation of India, All India Management Association etc.

Dr. V S Parthasarathy

Independent Director, Life Insurance Corporation (LIC); Board of Governors of IIM Mumbai; Former President of Mobility Services Sector, Mahindra Group

Dr. V S Parthasarathy has over 37+ years of rich experience wherein he has successfully led businesses, functions, organization transformations and over 125 M&A transactions.

He is on the board of several listed and unlisted companies. He is an Independent Director on Life Insurance Corporation (LIC), NIIT MTS a Edutech Listed company and Pennar Industries. He is on the Boards of companies on path to being unicorn+ IPO like Cloudnine Hospitals, Car Dekho, Greencell Mobility, to mention a few. He is on the board of Governors of IIM Mumbai (earlier NITIE). He also coaches and mentors Startups.

He started his career with Modi Xerox and rose to a position of Associate Director, serving across multiple positions and locations. In Mahindra Group, where he served more than two decades, his last role was as the President of Mobility Services Sector. Prior to that, he was the Group CFO & Group CIO for seven years. Additionally, he has served as a member of the Mahindra Group Executive Board and been on the board of several listed companies.

He carries out several philanthropic activities for women’s empowerment through education, employment and entrepreneurship initiatives of SEWA (Self Employed Women’s Association) and is an Independent Director on two of its companies.

He has received Lifetime Achievement Awards for his CFO and CIO roles, as also the Business World – Yes Bank Hall of Fame Award; Best CFO of India Award by IMA Corporate Excellence Awards; Digital Icon of India Award by HPE; and CIO 100 – Hall of Fame by CIO after winning the awards for four consecutive years.

He is a Chartered Accountant from ICAI, India and ICAEW, UK and an alumnus of Harvard Business School’s AMP (2011). He recently completed his PhD from Mumbai university.

Mr. Ramana Rachaprolu

Executive Director (Planning), Mumbai Metro Rail Corporation (MMRCL)

Graduate in Civil Engineer and Prost Graduate in Transportation Engineering
33 Years of Professional Experience in Urban Planning, Transport and Regional Planning, Financing, Procurement and Implementation of Infrastructure projects

Director (Planning/Real Estate/NFBR) June 2023 onwards
Heading the Planning department; responsible for New Project (corridor) Formulation and Planning, Town Planning, Land acquisition, Rehabilitation and Resettlement, Environmental Planning, Multi-modal Integration, Nan-Fare Revenue, Real estate- Development etc.
Executive Director Planning MMRC Jan. 2015 – May 23

Responsible for Implementing Mumbai Metro Line 3; Colaba-Bandra-Airport-SEEPZ; Planning, Financing Implementation including Land acquisition, Rehabilitation & Resettlement, Social Issues, Environmental, and Development control along alignment, intermodal integration etc.

Worked 23 years in MMRDA in Various Capacities Responsible for Financing of Transport Infrastructure in various cities/ULBs in MMR, MUTP (World Bank Funded Multimodal Transport Improvement Project), Mumbai Urban Infrastructure Project –MUIP (Roads, Flyovers and Traffic ) Regional Plans of MMR and Daman Region and various Traffic/Transport Improvement Projects in Mumbai & MMR. Responsible for Planning, Financing & Implementation of several other Urban Highway Project (Roads & Flyover & Elevated Roads), in Metropolitan Region including Financing Urban transport Infrastructure by ULBs in MMR

Key member in planning of Mumbai Metro Master planning, DPRs and implementation of specific corridors. Mumbai Line 2 and 3 Member in High Court committee, held several public consultation processes and External Examiner at IIT Bombay