Why does Mumbai need Metro?

About Mumbai Metro Thus, the Mumbai metro line was developed to reduce traffic congestion and provide additional support to the overcrowded railway network. The Mumbai metro project was planned to be constructed over 15 years in three phases. Phase one of the project is expected to be completed by October 2026.



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With the improvement of the country's economy and the expansion of working population, metro rails offer a safe mode for urban transit. Growing urbanisation, demand for faster and interconnected travel are the drivers of a progressive economy.

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The rapid transit metro system is designed to reduce traffic congestion in the city and supplement the overcrowded Mumbai Suburban Railway network.

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Because underground metro system is costlier, time consuming, challangeable. On the other side elevated metro system is less expensive and safer. Fire hazards can be more dangerous in underground system. When there is no option of making elevated system then only they go for underground system.

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With a total length of about 190 kilometers serving 139 stations, Delhi Metro is the world's thirteenth largest metro system. Mumbai Metro currently covers a total length of 62.68 km serving 12 stations.

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MUMBAI: Monorail, which has been billed as a white elephant in the past, is expected to incur a net loss of Rs 529 crore in the current financial year (2023-24), while Metro lines 2A and 7 have reported Rs 280-crore loss for 2022-23.

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Hong Kong's MTR Corporation runs the most valuable metro railway in the world. In 2017 it banked US$2.2 billion (HK$17 billion) profit, more than enough to buy seven Boeing 777 jets.

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In June 2015, the Mumbai Metropolitan Region Development Authority (MMRDA) proposed building a 32 km Wadala-Thane-Kasarvadavali metro line as part of a plan to build 6 new metro lines at a total estimated cost of ?64,000 crore (US$8.0 billion).

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Reliance Infrastructure partnered with MMRDA in Mumbai to successfully implement a world-class mass rapid transport system for the city of Mumbai.

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The Ministry of Housing and Urban Affairs also informed the Rajya Sabha earlier this month that all the operational Metro rail networks in the country are currently running in losses. The DMRC's annual report of 2021-2022 also reported a net loss of Rs 3808.63 crore.

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This will help Reliance Retail as it gets access to supplier network and global best practices of Metro, Roy said. Metro cited the changing market dynamics in the retail ecosystem as the reason for its decision to exit India, stating that it would require a “sizeable investment to continue growing the business.

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Underground station and track construction is costlier. Operation is also costlier. During operation, it requires constant lighting and ventilation which is not required in overground metro station. What does the Delhi Metro need?

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Officials said the MMRDA had suffered losses of ?255 crore in 2022-23. The earnings from monorail operations in 2022-23, have been mere ?7.50 crore per annum though they expect it to touch ?13.64 crore in 2023-24 while expenditure is pegged at ?542 crore that includes the procurement of 10 new rakes.

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