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’s 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, “Metro 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.”Transforming 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’s 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

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

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Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

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Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

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