Vice President M. Venkaiah Naidu has said that the technology along with managerial excellence can chart a new trajectory. <br/><br/>He was addressing the gathering after Inaugurating the International Conference on Technological Advancements in Railway and Metro Projects at New Delhi today. <br/><br/>Mr Naidu said with urbanization taking place at a rapid pace in India, the need for efficient and cost-effective transport is critical in ensuring faster mobility and sustainable development. He said new concepts such as Transit Oriented Development should be tried out and promoted which will improve the lives of people living around the metro stations in a big way.<br/><br/>The Vice President said Indian Railways need to plan for a massive expansion very meticulously with forward looking, efficient technologies and innovative practices currently available across the globe and adopt them to serve our country's aspiring population. <br/><br/>He said IT revolution sweeping the world, to which India has also been a major contributor, is bound to improve the efficiencies in signaling, communications and safety and help in areas like intelligent transportation systems.<br/><br/>Railway Minister Piyush Goyal and Chairman, Railway Board Ashwani Lohani and other dignitaries were present on the occasion.