Editor’s Note

Mamta Shah Managing Editor

Vinod Shah Head - Marketing

Anushka Khare Associate Editor

Noumi Pandya Associate Editor

Surya Prakash Head of Design

Sangeeta Singh Media Coordinator

Khushboo Parveen Marketing Officer

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Edited and published by Mrs. Mamta Shah, Managing Editor from Urban Infra Communication Private Limited, 101, Khudi Ram Bose Marg, Mayur Vihar Phase I, New Delhi – 110091, India.

Disclaimer: The facts and opinions expressed by the authors/contributors here do not reflect the views of editorial team or editorial board of Urban Transport News or Metro Rail Today Magazine.

Published by: The Government of India has declared its intention to have metro rail systems in 50 cities by 2025. Metro rails reduce pollution and congestion by substituting hundreds of thousands of personal vehicles for commuting in cities, but for metro rail operations to be financially sustainable, there is a requirement of huge footfalls, substantial non-fare revenue, and capturing value associated with appreciating property prices because of the metro rail investment. The huge upfront capital costs of metro rail (estimated at about Rs3 billion per km) combined with low passenger footfalls in some cities and the desire to keep fares even lower than the operation and maintenance costs of metro rail operations mean that they are perpetually loss-making entities.

The combined length of 753 kilometres of metro systems in India makes it the fifth longest in the world with in operation. Since 2014, a total of about 548 kms of metro rail network has been built/operationalized in India. ICRA, in their recent report, said that the Indian Metro rail projects will generate Rs 80,000 crore of opportunities for construction companies over the next five years.

In this edition, we have covered in-depth analysis on future investment opportunities in metro railways sectors in India and how various entities are collaborating with each-other to grab this opportunities? Apart from this, we have covered opinions of Industry leaders such as Mr. Lokanath Behra, Managing Director, Kochi Metro Rail Limited (KMRL) and Mr. Vikas Kumar, Managing Director, Delhi Metro Rail Corporation (DMRC).

Please give your feedback on the quality of contents of Metro Rail Today, so that we can make more improvement in future editions.

Happy Reading!!!

Mamta Shah

Managing Editor editor@metrorailtoday.com