TVM, Kozhikode metro projects face sluggish pace

07 Jun 2023 CW Team

Kochi Metro is approaching its seventh anniversary on June 17, while the fate of the light metro projects in Kozhikode and Thiruvananthapuram remains uncertain.

Last year, the state cabinet assigned the responsibility of implementing a comprehensive mobility plan (CMP) in both cities to Kochi Metro Rail (KMRL). KMRL then delegated the task to The Urban Mass Transit Company (UMTC) to prepare and submit a report on CMP and alternate traffic analysis (ATS), which would help determine the type of metro system suitable for each city. However, UMTC has yet to submit the report to KMRL, even though the deadline expired in March. KMRL officials, however, believe that the report will be available by the end of June.

Upon reviewing the report, the central government will decide which metro system to approve for each city. If the average number of passengers per hour exceeds 15,000, the government recommends implementing a metro system similar to the one in Kochi.

If the average number of passengers per hour falls between 15,000 and 10,000, the government will sanction a Light Metro. In case the numbers are below 10,000, a 'Metro Neo' system will be considered. The first phase of the metro projects in Thiruvananthapuram and Kozhikode aims to cover a distance of 39 km and 26 km, respectively.

Also read:
Gurugram Metro Network Set to Begin Construction
Hyderabad Metro Expands with Airport Metro Express Phase

Infrastructure Urban

13 Jun 2025

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..

Infrastructure Urban

13 Jun 2025

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..

Infrastructure Urban

13 Jun 2025

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..