The total investment required in urban transport works out to roughly about Rs.1 lakh crore per year for the next 20 years. It is important to find appropriate ways and means to be able to generate this kind of investment.The next phase of India´s growth is predominantly dependent on planned urbanisation and the key to planned urbanisation is robust.
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Bombardier wins major new order from Delhi Metro Rail Corporation
Rail technology leader Bombardier Transportation has won a major new order from Delhi Metro Rail Corporation (DMRC) to provide the first driverless unattended mass transit solution in India.
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Thales group firms bag contracts for metro rail project
Some of the group companies of French conglomerate Thales group bagged contracts for signalling and train control, and communication systems for Hyderabad metro rail project. While the contract for signalling is bagged by Thales Canada along with Thales India, that for communication is se
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Railways to create GIS database
To make train operation system more efficient, Indian Railways has undertaken a massive exercise of creating a database of its assets including track, station and signals through geographic information system (GIS) at an estimated cost of Rs 40 crore.