UP metro projects will receive $3 billion investments from EIB

16 Feb 2023 CW Team

The European Investment Bank (EIB) has extended its partnership with the Uttar Pradesh Metro Rail Corporation (UPMRC) by announcing plans to invest 3 billion euros in a number of upcoming metro projects in Uttar Pradesh.

In a recent meeting with the state chief minister, a six-member EIB delegation team expressed satisfaction with UPMRC's dedication to providing the people of Uttar Pradesh with world-class infrastructure and environmentally friendly transportation options. The Lucknow Metro Project, the Kanpur Metro Project, and the Agra Metro Project are three of the state's metro projects for which the EIB has already provided financial support.

It has pledged to provide financial support for 650 million euros, for the Kanpur Metro Project, and it has already given the Indian government 200 million euros for the project. The EIB will provide a loan of 450 million euros for the Agra Metro Project.

The EIB has promised to invest an additional 3 billion euros, up from the current 1.5 billion euros. The delegation also went to the UPMRC pavilion at GIS in Vrindavan Yojna and took the metro from Hazratganj to Transport Nagar Metro station during their trip. Six additional cities, including Gorakhpur, Pryagraj, Varanasi, Jhansi, Bareilly, and Meerut, will soon be served by the Uttar Pradesh Metro Rail Corporation.

Infrastructure Urban

11 Mar 2026

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..