If all the proposed metro and monorail projects were to be executed effectively and started rolling on time, Mumbai - the city of dreams - would soon be a commutersÂ´ paradise.
Bringing safety, enhanced performance and lowered life-cycle cost to metros is the modern signalling technology called communication-based train control (CBTC). The methodology and technology have been perfected by companies like Thales.
Though investment in infrastructure is expected to touch $1,025 billion in the Twelfth Five-Year Plan (2012-17), many hurdles are choking investment inflows despite the governmentÂ´s overdrive to attract funds. The governmentÂ´s recent decision to open up the railway sector to Foreign Direct Investment (FDI)