All through 2020, we have urged the Government to relook at its priorities and prioritise infrastructure. We have written open letters to the Finance Minister, sent letters to the Prime Minister, and published several articles around the year to accomplish this objective.
The Ministry of Housing and Urban Affairs (MoHUA) has received proposals for 392 km of metro-rail from six states, with an estimated cost of Rs.1,278.25 bn. The proposals have been received from Maharashtra, Karnataka, Kerala, Tamil Nadu, the remaining three corridors of Delhi Metro Phase-IV, and Ja..
The disruption caused by the nationwide lockdown and the subsequent workers’ exodus from cities back to their homes will result in technology playing a bigger role in the execution of metro-rail projects.
The customers want to de-risk when it comes to capital investment and they are looking for alternative solutions on rental, leasing, etc. If they are forced to buy, they would like to keep their investments minimum and buy machines which can be versatile and can be used in many projects.