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Delhi Metro Delhi Metro
Indian cities are fast emerging as engines of economic growth with an estimated 60% of the country’s gross domestic product (GDP) originating from urban areas. High levels of economic growth have resulted in increased migration to cities. Currently, about 30% of the population lives in urban areas and this is expected to grow to 40% by 2021. Increasing urbanization coupled with unplanned and unregulated growth has put significant pressures on urban infrastructure, especially urban transport. Furthermore, increased income levels have translated into a greater shift towards private vehicles. As a result, Indian cities are witnessing high congestion levels.

The economic and social losses due to congestion can be as high as 10% of GDP. Studies indicate that investment in urban transportation can trigger direct and indirect economic benefits with an estimated multiplier effect of 1% to 6% of GDP. Considering these benefits, several cities in India are taking steps to make their urban transport systems efficient. Well-planned and structured transport systems will increase the competitiveness of the cities along with improving the quality of life for their citizens.
Delhi Metro Delhi Metro

It is estimated that an investment of over Rs.70 billion is planned for Bus Rapid Transit System (BRTS) projects in 12 cities and over Rs.900 billion is planned for rail-based Mass Rapid Transit System (MRTS) projects in 10 cities over the next five years. In addition to this, private investments of over Rs.300 billion are planned for urban road projects. A number of cities are planning to undertake multi-level parking projects, develop non-motorized modes of transport, construct inter-state terminals, etc. Thus, the future outlook for the transport sector is promising.

HCC Infrastructure is currently evaluating opportunities to engage in the creation and management of assets in the area of transport such as BRTS, MRTS, monorails, inter-state terminals, etc. It has collaborated with global technology providers, real estate developers and state governments to pursue a leadership role in developing India’s urban transport systems.

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