Central Government Clears Key Phase-3 of Bengaluru Metro

27 Jun 2024 CW Team

In a significant boost to Bengaluru Metro's Phase-3 project, the Public Investment Board (PIB) of the central government has recently approved the 44.65 km metro extension. The project, costing Rs 156.11 billion, now awaits final clearance from the new Union government.

Phase-3 of the Bengaluru Metro includes two elevated stretches. The first, spanning 32.15 km, will connect JP Nagar Fourth Phase on the Western side of Outer Ring Road. The second stretch, measuring 12.5 km, will link Hosahalli and Kadabagere via Magadi Road. The extension will feature 31 new stations, enhancing connectivity across the city.

The state government approved the revised project cost of Rs 156.11 billion on March 14, 2024, and announced a completion target by 2028. Unlike previous projects, the state has decided to bear 80% of the cost. Initially approved on November 18, 2022, at Rs 163.28 billion with a 20% state share, the project cost was reduced to Rs 16.41 million in a revised report submitted by June-end 2023. Further reductions led to the final proposal cost of Rs 156.11 billion.

The Detailed Project Report faced several revisions and clarifications between state and Union governments before receiving PIB approval. The Lok Sabha elections and subsequent model code of conduct had previously delayed the approval process.

The Phase-3 lines are expected to serve a daily average of 9.12 lakh passengers by 2051. The PIB, under the finance ministry, is a nodal body that evaluates the feasibility of investment plans proposed by various central ministries.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..