Advantage India
Growing
Demand
* Increasing urbanisation and rising income (both urban and rural) is driving growth in the passenger segment.
* India is projected to account for 40% of the total global share of rail activity by 2050.
Attractive
Opportunities
* Indian Railways is developing and creating technology in areas such as signaling and telecommunication with 15,000 kms being converted into automatic signaling and 37,000 kms to be fitted with ‘KAVACH’, the domestically developed Train Collision Avoidance System.
Higher
Investments
* FDI inflows in railway-related components stood at US$ 1.23 billion from April 2000-March 2022.
* Rail infrastructure will see an investment of Rs 50 lakh crore (US$ 715.41 billion) by 2030.
* Railway infrastructure investment is expected to increase from US$ 58.96 billion in 2013-17RE to US$ 124.13 billion by 2018-22E.^
Policy
Support
* Government has allowed 100% FDI in the railway sector.
* In January 2021, the Ministry of Railways rolled out a new iron ore policy governing allocation of rakes and transportation of iron ore.
Delhi Metro Rail Corporation
The Delhi Metro has been instrumental in ushering in a new era in the sphere of mass urban transportation in India. The swanky and modern Metro system introduced comfortable, air conditioned and eco-friendly services for the first time in India and completely revolutionized the mass transportation scenario not only in the National Capital Region but the entire country.
Having constructed a massive network of 391 Km with 286 stations in record time, the DMRC stands out as a shining example of how a mammoth technically complex infrastructure project can be completed before time and within budgeted cost by a Government agency.
Company Website: http://www.delhimetrorail.com/
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IRCON International Limited
IRCON International Limited, a government company incorporated by the Central Government (Ministry of Railways) under the Companies Act, 1956, on April 28, 1976, is the leading turnkey construction company in the public sector known for its quality, commitment and consistency in terms of performance. IRCON has widespread operations spread across several states in India as well as in other countries (Malaysia, Nepal, Bangladesh, Mozambique, Ethiopia, Afghanistan, UK, Algeria, and Sri Lanka).
Company Website: https://www.ircon.org/index.php?lang=en
Read MoreHyderabad Metro Rail Limited (HMRL)
The Hyderabad Metro Rail Project is the world's largest Public Private Partnership Project (PPP) in the metro sector. The metro network will cover a total distance of around 72 Km across three corridors, transporting Hyderabad to the future. The project brings together 'best in class' resources and technology in every aspect of the project - Stations, Station Planning, Rolling Stock, Track Work, Depots, AFC, Power Supply, Traction and SCADA System, Signalling and Train Control System, Telecom System, MEP. The project is estimated to cost Rs 14,132 crores (US$ 2.01 billion).
Company Website: http://www.ltmetro.in/
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