HRIDC conducts Investors Pre-Bid Meeting for Haryana Orbital Rail Corridor

Gurugram, India (Metro Rail Today): The meeting was held on 26 February 2026 under the chairmanship of HRIDC Managing Director Mr. Sukhvinder Singh, IRSEE. HRIDC is a joint venture between the Government of Haryana and the Ministry of Railways.

The pre-bid interaction witnessed strong participation from several leading infrastructure and logistics companies across India, each independently assessing the project opportunity. Prospective bidders engaged directly with HRIDC leadership to seek clarifications on project design parameters, technical specifications, implementation structure and commercial frameworks.

AKMV Consultants, a Gurugram-based boutique investment banking firm, is serving as the Transaction Adviser for the project and is overseeing investor engagement and the divestment process.

Addressing participants during the meeting, Mr. Sukhvinder Singh stated, “Haryana is strategically positioned to become one of India’s leading logistics and industrial hubs. HRIDC’s mandate is clear — to build robust, last-mile rail connectivity that links the State’s industrial corridors to the national rail network, reduces freight costs, and strengthens supply chain efficiency. We are committed to a transparent, competitive, and time-bound process, fully aligned with the PM Gati Shakti National Master Plan.”

The Haryana Orbital Rail Corridor is expected to significantly enhance freight mobility, decongest existing rail routes and strengthen multimodal integration across key industrial clusters in the state.

Following the pre-bid meeting, HRIDC will evaluate the feedback and clarifications sought by stakeholders before proceeding with the issuance of formal bid documents.

Commenting on the development, Mrs. Mamta Shah, MD & CEO, Urban Infra Group, said, “The Haryana Orbital Rail Corridor is a critical enabler for freight-led economic growth in the NCR region. By improving last-mile rail connectivity to industrial corridors, the project can substantially reduce logistics costs and align with India’s broader multimodal infrastructure vision under PM Gati Shakti.”

The strong industry response at the pre-bid stage reflects growing investor confidence in state-led rail infrastructure initiatives designed to unlock industrial and logistics potential.