Union Budget 2026 Boosts Metro Rail Projects Nationwide
RAILWAYS & METRO RAIL

Union Budget 2026 Boosts Metro Rail Projects Nationwide

Budgetary support for India’s metro rail sector has risen sharply, with the Union Budget 2026 allocating Rs 287,400 million for metro and mass rapid transit projects across the country. The enhanced allocation underscores the government’s focus on strengthening urban mobility infrastructure.

Lucknow Metro Gets Rs 14,500 Million Boost

The Union Budget 2026 has recently provided a major push to the Lucknow Metro Phase 1B project with an allocation of Rs 14,500 million. Phase 1B comprises a single metro corridor spanning 11.165 km from Lucknow Railway Station (Charbagh) to Vasant Kunj, covering 12 stations. Of these, five stations will be elevated, while seven will be underground. The Union Cabinet had approved the Phase 1B project on 12 August at an estimated cost of Rs 58,010 million.

Pune Metro Gets Rs 5,170 Million Allocation

The Budget has also earmarked around Rs 5,170 million for the Pune Metro project. However, Maha-Metro is yet to receive a detailed break-up of the allocation. Officials stated that a clear execution roadmap will be finalised once the funding specifics are communicated."

Budgetary support for India’s metro rail sector has risen sharply, with the Union Budget 2026 allocating Rs 287,400 million for metro and mass rapid transit projects across the country. The enhanced allocation underscores the government’s focus on strengthening urban mobility infrastructure.Lucknow Metro Gets Rs 14,500 Million BoostThe Union Budget 2026 has recently provided a major push to the Lucknow Metro Phase 1B project with an allocation of Rs 14,500 million. Phase 1B comprises a single metro corridor spanning 11.165 km from Lucknow Railway Station (Charbagh) to Vasant Kunj, covering 12 stations. Of these, five stations will be elevated, while seven will be underground. The Union Cabinet had approved the Phase 1B project on 12 August at an estimated cost of Rs 58,010 million.Pune Metro Gets Rs 5,170 Million AllocationThe Budget has also earmarked around Rs 5,170 million for the Pune Metro project. However, Maha-Metro is yet to receive a detailed break-up of the allocation. Officials stated that a clear execution roadmap will be finalised once the funding specifics are communicated.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement