Express Interview | Delhi Metro arm has bid for 5 overseas projects, behind foreign competition: CEO
Delhi Metro Rail Corporation’s (DMRC) new subsidiary, Delhi Metro International Limited (DMIL), is actively bidding for overseas operations and advisory contracts. Its CEO, Sanjay Jamuar, shared insights on DMIL’s mandate, first set of bids, global competition, and revenue targets with Devansh Mittal. DMRC boasts 31 years of experience in planning, building, operating, and maintaining Metro networks, and has been providing support to various Metro projects in India for the last 20-25 years.
Now, DMIL aims to expand this expertise globally by focusing on operation and maintenance, advisement, and programme management consultancy. Despite facing stiff competition from established foreign players, DMIL believes the global market is large enough for a new entrant. Its main challenge lies in convincing international clients of its capabilities, as it lacks a proven track record abroad.
However, DMIL remains optimistic about its prospects and targets annual revenue of Rs 2,000-3,000 crore within five-six years.
Written by urgent.news from The Indian Express's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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