VINCI to acquire a majority stake in an Indian motorway concession
VINCI Highways, a subsidiary of VINCI Concessions, has signed an agreement to acquire a 51% stake in Indian motorway concession company HKR Roadways Limited. HKR has a contract with the Telangana state government for the concession to the SH1 motorway until 2041 . Upon closing, VINCI Highways will invest around €40 million of equity in […]
TRL Software and Experion Technologies Form Joint Venture TRL Technologies India
TRL Software and Experion Technologies have entered into a joint venture to form TRL Technologies India Pvt. Ltd. Headquartered in Trivandrum, Kerala, India, the partnership brings over one hundred years of transport research expertise to Indian roadways and will support the country in future-proofing its road systems using local talent and the best of international […]
India planning to replace toll plazas with GPS solution
The Indian Government is planning to announce its policy to replace toll plazas with a GPS-based solution, promising that plans will be published within three months. The Swarajya website reports that Union Road and Transport Minister Nitin Gadkari says that the government will come out with a new policy, and that it is already talking […]
Hackers target Indian transport network
Indian government officials are accusing “Chinese state-sponsored actors” of being behind a series of cyber attacks on the country’s transport sector over the past few months. After leading American consultant Scott Belcher warned that transit operators in the US are failing to take cyber security seriously enough, the Indian problems should ring alarm bells with […]