Titagarh secures ₹24.8 billion Mumbai metro contract
market hours1 source ↓written by the desknot a recommendation
- contract to design
- ₹24.8 billion
- for the Line
- 132 metro cars
The Mumbai Metropolitan Region Development Authority has awarded Titagarh Rail Systems a ₹24.8 billion contract to design and maintain 132 metro cars for the Line 5 project. This includes advanced communication systems and a seven-year maintenance commitment.
This contract is significant for Titagarh, enhancing its portfolio in urban transport and may boost investor sentiment in the infrastructure sector.
Not investment advice. For informational purposes only.