The urban rail market has expanded significantly in the last few years. The current pipeline of projects in rail sector spells significant opportunity for stakeholders across the board. Over 25 cities in India will have operational metro rail networks in the coming years. In the next 4-5 years, at least Rs 3-4 trillion worth of projects are expected to be commissioned. However, the outbreak of COVID-19 pandemic has put a halt on the ongoing and planned projects across the country. Bids are being postponed, announced/approved projects are on hold and factors such as shortages of raw materials and labour are delaying the ongoing projects. India Infrastructure Research has released its Urban Rail in India report with an aim to conduct a realistic assessment and analyse the impact of Covid-19 on ongoing, under bidding and announced projects, upcoming opportunities, investments and funding sources, supply chain, input costs, etc. The report will also cover the recent developments, new government initiatives and relief measures to fastrack project implementation as well as provide an outlook for the sector for the next 4-5 years.
Urban Rail in India – March 2020
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