PITCMRL welcomes 100% 'Made in India' train for Pune Metro Line 3

03 Jun 2024 CW Team

PITCMRL celebrates the arrival of the inaugural train for Pune Metro Line 3, proudly labelled as a 100% 'Made in India' achievement. The introduction of this train marks a significant milestone in Pune's urban transport landscape, managed by Pune IT City Metro Rail Ltd (PITCMRL) in collaboration with the Pune Metropolitan Region Development Authority (PMRDA). Crafted at Alstom's Sri City facility in Andhra Pradesh, these state-of-the-art trains, part of a contract for 22 train sets, will revolutionise travel along the 23km Hinjewadi-Shivajinagar corridor, operating on a public-private partnership (PPP) model. Each train, with a capacity to accommodate 1,000 passengers, promises enhanced urban mobility for Pune residents. Spearheaded by Tata Group and PMRDA, the project aims to elevate Pune's metro system to international standards, with a focus on safety, reliability, and environmental sustainability. Featuring cutting-edge technology such as a third rail traction system and regenerative braking, these trains can achieve speeds of up to 85kmph, ensuring a smooth and eco-friendly commute. Neha Pandit, Director and Business Head, Pune IT City Metro Rail Ltd, emphasises the project's commitment to passenger comfort and convenience. With vibrant designs, spacious interiors, and advanced passenger information systems, the trains are tailored to provide an exceptional travel experience. This collaborative effort between the public and private sectors sets a benchmark for metro systems nationwide, embodying the spirit of innovation and progress. As work progresses steadily, Rahul Mahiwal, PMRDA Commissioner assures that the project remains on schedule, with plans to dispatch the remaining trains over the next 6-8 months. Pune Metro Line 3, spanning 23km from Hinjawadi to Shivajinagar, represents a significant leap forward in Pune's transportation infrastructure, promising to reshape urban mobility and drive the city's overall development trajectory. (Source: ET Infra)

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..