India rapid transit system market is expected to grow at a formidable rate during the forecast period. This can be majorly attributed to the increasing population, time saving to passengers and rising air pollution. A rapid transit system is an effective means of mobility for the citizens. With rapidly increasing population, the pressure is building on the public transport system from the people living in cities and towns across the country. Moreover, increase in traffic is a major factor responsible for a shift from private modes of conveyance to public transport, which is anticipated to drive the growth of rapid transit system in the country. India is looking to create a world class infrastructure with its existent Kolkata, Delhi, Chennai, Hyderabad, Lucknow, Mumbai, Kochi, Bengaluru Metros. Furthermore, increase in fuel price is expected to propel the demand for India rapid transit system.

Based on type, the rapid transit system market is categorized into Metro Rail, Busways and Bus Rapid Transit System, Regional Rail, Tramways and Others. Among them, Metro Rail segment is projected to witness high traction in the upcoming years. This growth can be attributed to advanced system technology. Additionally, metro rail has a very high capacity of 40,000–80,000 passengers per hour per direction (PPHPD), which is anticipated to positively influence the growth of this segment over the coming years.

Some of the players in India rapid transit system market are Delhi Metro Rail Corporation, Bangalore Metro Rail Corporation Limited, Reliance Infrastructure Limited, Ahmedabad Janmarg Limited, L&T Metro Rail Hyderabad, Chennai Metro Rail Limited, Mumbai Metropolitan Region Development Authority (MMRDA), Rapid MetroRail Gurgaon Limited, Kochi Metro Rail Limited, Jaipur Metro Rail Corporation limited, Lucknow Metro Rail Corporation, IL&FS Engineering and Construction Company Limited, AFCONS Infrastructure Ltd, J. Kumar Infraprojects Ltd., ITD-ITD Cem JV, Larsen & Tourbo Ltd, Gammon India Ltd, Simplex Infrastructures Ltd, HCC-JMC and Navyuga Engg Co Ltd. The key players are investing more to develop new technologies in order to develop energy efficient transportation and increase their customer base worldwide.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020–2024

Objective of the Study:

  • To analyze and forecast the market size of India rapid transit system market
  • To forecast India rapid transit system market based on type, ownership and regional distribution.
  • To identify drivers and challenges for India rapid transit system market.
  • To examine competitive developments such as expansions, mergers & acquisitions, etc., in India rapid transit system market.
  • To conduct the pricing analysis for India rapid transit system market.
  • To identify and analyze the profile of leading players operating in India rapid transit system market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of rapid transit system companies across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the companies which could not be identified due to the limitations of secondary research. TechSci Research analyzed the types, application types and presence of all major rapid transit system companies across the country.

TechSci Research calculated India rapid transit system market size by using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.


Key Target Audience:

  • Rapid transit system’s companies
  • Government bodies such as regulating authorities and policy makers
  • Industry associations
  • Organizations, forums and alliances related to rapid transit system market
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as companies, end users etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, India rapid transit system market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  •   Market, By Type:
    • Metro Rail
    • Busways and Bus Rapid Transit System
    • Regional Rail
    • Tramways
    • Others
  • Market, By Ownership:
    • Central Government
    • State Government
    • Public and Private Partnership
  • Market, By Region:
    • North Region
    • West Region
    • East Region
    • South Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India rapid transit system market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.
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1.     Product Overview

2.     Research Methodology

3.     Executive Summary

4.     India Mass Rapid Transit System Market Overview

4.1.   Total length

4.2.   Ridership

4.3.   Expansion Plan

4.3.1. By City

5.     India Rapid Transit System Market Outlook

5.1.   Market Size & Forecast

5.1.1. By Value (USD Billion) & Volume (Km)

5.2.   Market Share & Forecast

5.2.1. By Type (Metro Rail, Busways and Bus Rapid Transit System, Regional Rail, Tramways and Others)

5.2.2. By Ownership (Central Government, State Government and Public and Private Partnership)

5.2.3. By Region

5.2.4. By Company

6.     India Metro Rail Market Outlook

6.1.   Market Size & Forecast

6.1.1. By Value & Volume

6.2.   Market Share & Forecast

6.2.1. By Ownership

6.2.2. By Region

6.2.3. By City (Top 10 cities)

7.     India Busways and Bus Rapid Transit System Market Outlook

7.1.   Market Size & Forecast

7.1.1. By Value & Volume          

7.2.   Market Share & Forecast

7.2.1. By Ownership

7.2.2. By Region

7.2.3. By City (Top 5 cities)

8.     India Regional Rail Market Outlook

   8.1 Market Size & Forecast

  8.1.1 By Value & Volume

   8.2 Market Share & Forecast

         8.2.1 By Ownership

         8.2.1 By Region

         8.2.1 By City (Top 5 cities)

9.     India Tramways Market Outlook

   9.1 Market Size & Forecast

  9.1.1 By Value & Volume

   9.2 Market Share & Forecast

       9.2.1 By Ownership

       9.2.1 By Region

       9.2.1 By City (Top 5 cities)

10.  Profiling of Indian Consumers

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends & Developments

13.  Policy & Regulatory Landscape

14.  India Economic Profile

15.  Competitive Landscape

15.1.              Competition Outlook

15.2.              Company Profiles

15.2.1.   Delhi Metro Rail Corporation

15.2.2.   Bangalore Metro Rail Corporation Limited

15.2.3.   Reliance Infrastructure Limited

15.2.4.   Ahmedabad Janmarg Limited

15.2.5.   L&T Metro Rail Hyderabad

15.2.6.   Chennai Metro Rail Limited

15.2.7.   Mumbai Metropolitan Region Development Authority (MMRDA)

15.2.8.   Rapid MetroRail Gurgaon Limited

15.2.9.   Kochi Metro Rail Limited

15.2.10.                Jaipur Metro Rail Corporation limited

15.2.11.                Lucknow Metro Rail Corporation

15.2.12.                IL&FS Engineering and Construction Company Limited

15.2.13.                AFCONS Infrastructure Ltd

15.2.14.                J. Kumar Infraprojects Ltd.

15.2.15.                ITD-ITD Cem JV

15.2.16.                Larsen & Tourbo Ltd

15.2.17.                Gammon India Ltd

15.2.18.                Simplex Infrastructures Ltd

15.2.19.                HCC-JMC

15.2.20.                Navyuga Engg Co Ltd

16.  Strategic Recommendations

17.  About Us and Disclaimer

 (Note: The companies list can be customized based on the client requirements)

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com