BWI: The Next Stop for India’s Metro Rail Expansion Programme

Press release from Business Wire India
Source: IQPC India (P) Ltd
Wednesday, March 16, 2011 11:21 AM IST (05:51 AM GMT)
Editors: General: Consumer interest, People, Politics; Business: Advertising, PR & marketing, Business services, Education & training, Information technology, Major diversified industrial groups, Media & entertainment, Transport engineering; Technology
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The Next Stop for India's Metro Rail Expansion Programme


Chennai, Tamil Nadu, India, Wednesday, March 16, 2011 -- (Business Wire India) -- The metro rail project is spearheading the revolution of India's transportation system, which is under pressure to meet the country's rising population and urbanisation standard. The nation has invested high stakes in this endeavour and the wining equation, areas of improvement and international best practices will be discussed at Metro Expansion India, taking place at The Park in Chennai, Madras on 28 and 29 March 2011.

The Delhi metro project has been appreciated as well as criticised by the public, private sector investors and media. Various public reports praise and condemn the PPP model in metro development projects. With other states in India gearing up to follow suit it is crucial to identify what is working and what is not. The current public transport system in India is unable to meet its population's demand and the country needs a world class metro system in place for its own progress.

The public private partnership (PPP) model has huge potential in contributing to the successful completion of metro expansion development in India. It is vital for the government and private sector stakeholders to move away from pointing fingers at each other and start dissolving their differences in order to achieve the completion of a metro rail system that matches international public transport standards.

"Metro projects are highly capital-intensive. These projects by themselves will not be a business proposition, in the sense (that) they will not make profits. It is a project in the social sector" said E Sreedharan, MD, Delhi Metro Rail Corporation, in a recent interview. It is vital for both the government and private sector stakeholders to understand this and move forward complementing each other's efforts to turn India's metro expansion development into a success story.

The upcoming metro line in Chennai, Madras is under close watch for successful completion. With the airlines once again objecting to metro line near the airport the stakeholders are keen for positive momentum. Experts in metro rail system will gather at Metro Expansion India Summit to discuss key challenges, identify gaps and present international case studies on metro expansion. The panel includes speakers from Ministry of Urban Development, Bangalore Metro Rail Corporation, Chennai Metro Rail Limited, Delhi Metro, Hyderabad Metro Rail Corporation, Japan International Cooperation Agency, Asian Development Bank and many more.

More information about the summit can be found at www.metroexpansionindia.com

About Metro Expansion India

IQPC's Metro Expansion India is the latest event in the international series and is tailored to suit the current needs of the Indian market along with extensive research in conjunction with industry leaders to provide insights into addressing the challenges facing metro development and expansion.

This conference will provide the perfect platform to network, engage and benefit from world class thought leaders in urban transportation.

About IQPC

IQPC provides practical conferences, large scale events, topical seminars and in-house training programs, keeping business executives up-to-date with industry trends, technological developments and the regulatory landscape. IQPC produces more than 1,800 events annually around the world, and continues to grow. Founded in 1973, IQPC now has offices in major cities across six continents including: Bangaluru, Berlin, Dubai, London, New York, Sao Paulo, Singapore, Sydney, Johannesburg and Toronto.



CONTACT DETAILS
Delcy D'souza, IQPC India (P) Ltd, +971 4 3602903, delcy.dsouza@iqpc.com

KEYWORDS
CONSUMER, PEOPLE, POLITICS, MARKETING, BUSINESS SERVICES, EDUCATION, GROUPS, MEDIA, TRANSPORT, TECHNOLOGY

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