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Transforming Urban Mobility
RAILWAYS & METRO RAIL

Transforming Urban Mobility

The 3rd Annual Metro Rail Conference, held on 22 January 2025 at Radisson Blu, Mumbai, gathered over 150 industry leaders, policymakers, and innovators. The event highlighted achievements, innovations, and challenges within the metro rail sector. Sessions focused on Metro Rail Expansion in India,...

The 3rd Annual Metro Rail Conference, held on 22 January 2025 at Radisson Blu, Mumbai, gathered over 150 industry leaders, policymakers, and innovators. The event highlighted achievements, innovations, and challenges within the metro rail sector. Sessions focused on Metro Rail Expansion in India, technological advancements, public-private partnerships, and the economic and environmental impact of metro systems.The conference鈥檚 agenda was packed with engaging panel discussions, case studies, and expert insights on urban planning, digital transformation, financing, sustainability, and innovations in the metro rail space. It reaffirmed its role as a key event shaping the future of urban mobility in India.Pratap Padode, Founder & President, FIRST Construction Council & Editor- In- Chief, Construction World, opened the conference by noting, 鈥淢etro systems have transformed travel in India. Covering over 1,000 km across 11 states and 23 cities, these networks support millions, contributing to India becoming home to the third-largest metro system globally.鈥漈ransforming the Metro ExperienceSession I explored the integration of metros with Smart Cities and urban transport networks, focusing on last-mile connectivity solutions such as Namo Bharat (RRTS) and the introduction of MetroLite and MetroNeo systems for Tier 2 and Tier 3 cities. Moderated by Vishal Ramprasad, Senior Program Manager at WRI India, it featured insights from industry leaders like Shantanu Goel (Joint MD, CIDCO), Vinod Kumar Yadav (NCC Transport), Dr. M.P. Ramnavas (Director, Kochi Metro Rail Ltd.), and Alok Sharma (Director, Autodesk).Driving Digital Transformation in Metro RailSession II delved into the adoption of AI, automation, and IoT for metro operations, exploring challenges in automated signalling, smart ticketing, and digital fare collection. The session highlighted the success of Delhi Metro鈥檚 Automatic Train Supervision (ATS) system. Moderated by Nilabha Dey, Director at KPMG, the session featured experts such as MJS Raman (IITM Pravartak Technologies Foundation), PK Pandey (RDSO), and Anuj Goel (Mumbai Metro One Pvt. Ltd.).Unlocking the Future of Metro FinancingSession III focused on innovative funding solutions for metro projects, including PPP models, land value capture, and attracting international investors. The discussion also examined financing strategies for metro systems in Tier 2 and Tier 3 cities. Moderated by Suneet K Maheshwari (Udvik Infrastructure Advisors LLP), the session featured insights from AVR Srinivas Sharma (CFO, L&T Metro Rail), Anand B Surange (Director, Infrastructure Advisors Pvt Ltd), Arnab Choudhury (Executive Vice President & Group Head DCM, SBI Capital Markets) and Sandeep U (CEO, Centrum Capital).Pioneering Green Metro InnovationsSession IV addressed sustainability in metro rail development, covering topics such as driverless metro technologies, energy-efficient traction systems, and BIM for cost and time optimisation. Key experts included Suyash Trivedi (Executive Director, Mumbai Metro Rail Corporation Ltd.), Bhargav Jog (Dextra India), and Umesh Rajeshirke (Managing Director, Spectrum Consultants India).The conference brought together industry leaders to explore the evolving landscape of metro rail systems in India, with a focus on technological advancements, sustainable financing, and operational efficiency. Dr. Shankar Raman of IITM Pravartak Technologies Foundation highlighted the transformative role of automation and data-driven decisions in metro operations. A key case study on Mumbai Metro Line 1, presented by Shyamantak Choudhury (CEO, Mumbai Metro One Pvt. Ltd.), showcased its sustainability and operational viability. Additionally, Parag Raut (Tata Steel Ltd.) discussed Modern Reinforcement Solutions, while R. Ananta Kumar (Director BU Head, AFCONS Infrastructure Ltd.) presented innovative methods for easier and faster construction in metro projects.In conclusion, the conference provided a comprehensive overview of the challenges and opportunities in metro rail development, underscoring the importance of collaboration, technological innovation, and sustainable practices for the future of urban mobility in India.

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Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

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Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

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Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..

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