In India, 15 cities have operating metro networks with a total length of 746 km (several of which are undergoing network extension), while another seven cities have metro projects with a total length of 640 km. Apart from that, 1,400 km of metro rail projects with a total value of US$ 2 trillion are are in the approval/proposal stage. The Centre has allocated Rs 19,130 crore in the Union Budget 2022-23 for various metro projects in the country.
Due to the limited number of companies in the sector, the competition intensity has remained moderate, with no signs of aggressive bidding as seen in other infrastructure segments such as roads and railways.
Prime Minister, Mr. Narendra Modi performed the Bhoomi-Poojan of Ahmedabad Metro Rail Project Phase-II and Surat Metro Rail. He stated that the transformation of Surat and Gandhinagar over the last two decades is a planned approach to urbanization.
Defence Minister, Mr. Rajnath Singh announced the release of India's first indigenously developed driverless metro car.
The Minister of Housing and Urban Affairs, Shri Hardeep Singh Puri in a written reply in the Lok Sabha today informed that the Urban transport, which is an integral part of urban development, is a state subject. Hence, respective State Governments are responsible for initiating, developing and funding urban transport infrastructure including metro rail projects.
Petroleum and Natural Gas minister Hardeep Singh Puri on Monday said that global crude oil prices have remained relatively stable ..
नीति आयोग के तहत गठित समिति करेगी अध्ययन, अगले महीने 20% लक्ष्य हासिल होने की उम्मीद पेट्रोलियम एवं प्राकृतिक गैस मंत्री ..
Union Minister Hardeep Singh Puri tells TNIE's Parvez Sultan about the unfulfilled promises of the AAP government and the welfare ..
दिप्रिंट को दिए एक विशेष इंटरव्यू में केंद्रीय मंत्री ने कहा कि काम की कमी और भ्रष्टाचार के कारण AAP ..
India's Minister of Petroleum & Natural Gas Hardeep Singh Puri gestures during an interview with Reuters on the sidelines of ..
India consumes 25-30 million metric tonnes of petrochemical products annually, and the chemical and petrochemicals sector, currently valued at $220 ..