3 weeks ago
Delhi Metro's New Subsidiary DMIL Bids for Five Overseas Projects
The Delhi Metro is one of the biggest metro systems in the world.
The people who run it now want to help other countries run their metros too.
They created a new company called DMIL for this job.
DMIL will run trains and give advice, but it will not build new tracks or stations.
The company has already sent offers to five other countries.
Some offers went to Europe and West Asia.
DMIL hopes to earn a lot of money over many years, up to 3,000 crore rupees every year.
The company's leader says big foreign companies are very strong competitors.
But Delhi's metro has 31 years of experience to share.
With that experience, DMIL believes it can win customers around the world.
Delhi Metro Rail Corporation's new subsidiary, Delhi Metro International Limited (DMIL), has submitted five international bids in three months for overseas operations and advisory contracts.
DMIL aims to be an asset-light, pure service business focused on operation and maintenance, advisory and consultancy, avoiding construction and asset creation.
The bids include two in Europe, one in West Asia and one in an Indian Ocean country, with two or three more bids in the pipeline and six domestic proposals submitted.
DMIL targets annual income exceeding Rs 2,000-3,000 crore within five to six years, describing service contracts as multi-year with mid-range profitability.
Existing DMRC contracts outside Delhi are expected to be consolidated under DMIL by the end of the financial year, March 2027.
CEO Sanjay Jamuar acknowledged DMIL competes with far larger established firms, such as France's Transdev with annual income over Rs 1 lakh crore, and that client trust abroad will take effort to build.
- Who
- Sanjay Jamuar, CEO of Delhi Metro International Limited (DMIL), the new overseas subsidiary of the Delhi Metro Rail Corporation (DMRC).
- What
- DMIL has started bidding for international metro operations and advisory contracts, submitting five overseas bids in three months.
- Where
- Based in Delhi, India; bids cover Europe, West Asia and a country in the Indian Ocean, with future interest in West Asia, select European countries, North America and Africa.
- When
- Bids were submitted within three months of DMIL's launch, with DMRC contract consolidation targeted by March 2027.
- Why
- To export DMRC's 31 years of Metro expertise and generate multi-year service income, targeting Rs 2,000-3,000 crore in annual revenue within five to six years.
Key facts
- Company
- Delhi Metro International Limited (DMIL)
- Parent organisation
- Delhi Metro Rail Corporation (DMRC)
- CEO
- Sanjay Jamuar
- International bids
- 5 bids in 3 months
- Bid regions mentioned
- 2 in Europe, 1 in West Asia, 1 in an Indian Ocean country
- Revenue target
- Rs 2,000-3,000 crore annually in 5-6 years
- Contract consolidation target
- March 2027
- Core services
- Operation & maintenance, advisory, general consultancy, programme management consultancy
Sources
Related news
Titagarh and Siemens Explore Global Metro Rail Projects
DMRC earns India’s first metro certification under ISO 55001:2024
Delhi Metro Builds Revenue Beyond Fares Through Station Commercialisation
Delhi Metro's 99.95% punctuality record outshines New York, Paris subways
Delhi Metro ranks among top five most reliable globally
India and BVI Build Financial Infrastructure for Global Growth
Delhi Regulates VVIP Routes for BRICS Rehearsal
Raksha Bandhan Rush Chokes Delhi Roads, Crowds Metro Stations
India, Japan Shift Economic Partnership Toward High-Tech Growth
Delhi 2047 Plan Targets 24-Hour Transit, Affordable Housing
Modi Pitches Deregulation and Reforms as India’s Growth Driver
