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Sanjay Ahuja

5th Dec · SEBI-Registered Analyst

THREE CONSTRUCTION GIANTS SET TO EXPAND THEIR FOOTPRINT INTO UNDERGROUND METRO CONSTRUCTION

India’s metro network is expanding at a pace rarely seen in urban infrastructure. Metro presence has grown from 5 cities to over 23 cities within a little over a decade. Daily ridership has also climbed rapidly, showing how quickly commuters are shifting to this relatively new mode of travel. As metros continue to expand, tunnel construction is picking up as well. Growing city density and the lack of open space on the surface are pushing many new routes underground, especially where planners want smoother, uninterrupted corridors. This reduces land acquisition hurdles and supports faster construction, creating steady demand for companies capable of handling complex underground engineering. Three giants that are benefiting from this expansion are -

LT
,
AFCONS
, and
IRCON

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