Four pillars of India’s growth: infra, investment, innovation, & inclusion. Presently, the Indian economy is undergoing a transformative phase, driven by four essential pillars: infrastructure, investment, innovation, and inclusion. These pillars are instrumental in shaping the future of India’s economic growth, says K V B Reddy, MD & CEO, L&T Metro Rail (Hyderabad) Ltd. The four...
Tag: metro rail projects
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Over Rs 31,916 cr spent on Mumbai metro since 2016: Economic Survey
The 10 metro corridors are expected to be ready by the end of 2024
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Ajith Menon, CEO & MD, BIMAGE: BIM will be a game-changer
BIM and GIS will be a game-changer in planning, designing, and executing the smart city projects. In the next three decades, the number of people living in cities will double, and this growth will require the construction of thousands of new buildings, roads, and other infrastructures. BIM fits perfectly in Smart City projects and will...
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Sizeable Opportunities
The overall cost of expansion of the operational and approved metro projects under implementation is over Rs 2.5 lakh crore, and another Rs 2 lakh crore worth projects are in various stages of approval and are likely to come up for bidding in the next five years
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Make in India gets metro boost
The Ministry of Urban Development gives the "Make in India" campaign a boost with the rapid expansion of metro rail projects.
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METRONOMICS
The experience left the planners wiser. And this was evident in the 65 kilometres of the first phase of the ambitious Delhi Metro Project getting completed a full two years nine months ahead of schedule in 2005, in a period of a little over eight years.
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Hi-tech in infra
India has only recently begun to focus on the growth of its infrastructure. There is still a long way to go in adopting the latest and best technologies for their design, construction and management.
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We have lagged behind in pacing up with the implementation
There are cities like Delhi, Kolkata, Chennai, Bangalore, etc., where the metro rails are already operational and the construction work is underway for further expansion of the existing metro network. Then there are cities like Hyderabad, Lucknow, Kochi, etc., where the project execution is underway for their respective maiden metro projects.
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Nine more cities to get Metro rail soon
The Centre is considering implementing Metro rail projects in nine cities at a cost of Rs 83,000 crore, according to Union Minister for Urban Development M Venkaiah Naidu.
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Centre should set up MRFC: E Sreedharan
E Sreedharan, who has been known for his role in development of Konkan Railway, Delhi Metro Rail and other rail related developments, suggested that the Centre should set up a Metro Rail Finance Corporation (MRFC) to arrange funding for the Metro rail developments in the country.
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