But the encouraging move has not yet translated into getting state administration as well as the large corporates to open their purse-strings, forcing the organisers to seek crowd-funding to meet the huge expenses which will run to crores of rupees.
Only government-run Cidco has agreed to offer its exhibition centre at Vashi for the event to be held for the first time ever.
For the over 50-year-old Girivihar Adventure Club, the organisers for the meet hosted by Indian Mountaineering Federation, this was a big leap.
Burman cites how for cricket, the win by Kapil Dev's team in 1983, followed by co-hosting the World Cup in 1987, worked wonderfully well.
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Specially-made walls will be erected at an indoor facility on which the climbers will be competing for the top honours this May.
But for the three-day extravaganza arranging finances in India has become a formidable challenge for the organisers.
The Maharashtra government-run City Industrial Development Corporation (Cidco) was the first to come forth and provide the fully air-conditioned, state-of-the-art Cidco Exhibition Center at Vashi as the venue for the event.
"We were expecting some good amount of public funds,
but are stuck in bureaucratic knots. So we are breaking up our financial target into smaller amounts and reaching out to a wider range of people," an organiser said, adding, services of a professional marketing agency Meraki Sport & Entertainment, have also been sought.
Apart from launching campaigns on a dedicated crowd funding site, volunteers have fanned out across the country to ensure that the right amount of funds get collected. Their simple mantra -- 'Let's get the wall home'.
And it seems to be working. Mountaineers, climbers, outdoor enthusiasts from across the country have signed up as 'campaigners' on the crowdfunding platform.
"We're thrilled with how many non-climbers are donating to the cause, just to support the passion and determination to bring the cup to the country," say the organisers.
But more is required and the sense of urgency to raise the resources is evident when one meets the team, which is managing to put the show together along with their day jobs.
"We know it is a daunting task but we're getting close to the finish line. Every penny counts. Just a little help from everyone and we'll be through! Just imagine, it will be a world cup being held in our country, funded mainly by the passionate people! Has that ever happened in sporting history before?" the organisers wonder aloud.