Infrastructure Market Growth

Growing urbanization along with rising concern towards fuel savings to propel India rapid transit system market during forecast period According to TechSci Research report,  “ India Rapid Transit System Market  - By Type, By Ownership, Competition, Forecast & Opportunities, 2024 ” , India rapid transit system market is projected to witness substantial growth during the forecast period on account of growing urban population, traffic congestion and rising air pollution. Moreover, increasing population of the country is fueling demand for fast, safe, and economical mode of transportation, which in turn is propelling the growth of India rapid transit system market. In the current scenario, the metro systems are operational in 10 cities in India while about 25 new projects are in the pipeline. The government of India has allocated a fund of around $ 2 billion for the 2018-2019 metro budget. Therefore, increase in the number of metro projects is anticipated to fuel the...