EIB Grants €300 Million for Bengaluru Suburban Rail Project

By A Staff Reporter — The European Investment Bank (EIB) has announced a significant €300 million investment in Bengaluru’s suburban railway system, marking a step forward in expanding the city's public transportation network. Nicola Beer, Vice President of the EIB, shared details during an event in Gandhinagar, highlighting that this is EIB’s second major project in India following its initial investment in Bengaluru’s metro line.

"This interconnected suburban system will greatly benefit Bengaluru citizens, allowing them to commute faster with affordable tickets," said Beer. The system is expected to cut down commute times, offer budget-friendly travel, and ultimately enhance regional employment opportunities.

The project’s interconnected infrastructure is designed to support the city’s expanding population and alleviate traffic congestion, providing an efficient, reliable alternative to road travel. The EIB investment reflects a commitment to sustainable urban growth in India, offering long-term social and economic benefits to Bengaluru and surrounding areas.