Mumbai Metro 3 is express link from airport to business hubs
09 Oct 2024
2 Min Read
CW Team
Mumbai's first underground Metro rail corridor The excitement is akin to waiting for the first seed to sprout in a new field. The prolonged, laborious effort beneath the soil is about to bear fruit, as a portion of the city鈥檚 first underground Metro rail corridor is slated to start operations on Sunday after its inauguration by Prime Minister Narendra Modi the day before. An air-conditioned ride for Rs 10-50 that saves hours in commuting time, and links office districts to the airport, can only be described as a boon for the megapolis.
鈥淭he launch of Phase I (Aarey JVLRBKC) of the Metro 3 corridor has the potential to change the travel patterns of commuters who currently endure severe hardship as they navigate the congested Western Express Highway, or struggle to board local trains,鈥� said SK Gupta, director (projects), Mumbai Metro Rail Corporation Ltd (MMRCL). 鈥淎lso, this is the only line offering a direct connection to the airport, with separate stations for the international and domestic terminals.鈥�
Despite being a truncated corridor, the Metro 3 line touches key destinations such as both terminals of the airport, BKC, and important business districts in Andheri (East), including Sahar, Seepz, Marol, and MIDC. 鈥淏KC is set to become a major hub, with ridership expected to exceed one lakh soon after the corridor opens,鈥� said MMRCL director (planning & non-fare revenue) R Ramanna. Over 6.4 lakh people commute daily to BKC, including those connected with the diamond industry (see graphic), but the existing transit options do not reduce travel time, congestion, and air pollution. Also, it takes nearly an hour to travel from BKC to Kurla by bus, prompting many to prefer walking over using overcrowded buses.
Mumbai's first underground Metro rail corridor The excitement is akin to waiting for the first seed to sprout in a new field. The prolonged, laborious effort beneath the soil is about to bear fruit, as a portion of the city鈥檚 first underground Metro rail corridor is slated to start operations on Sunday after its inauguration by Prime Minister Narendra Modi the day before. An air-conditioned ride for Rs 10-50 that saves hours in commuting time, and links office districts to the airport, can only be described as a boon for the megapolis.
鈥淭he launch of Phase I (Aarey JVLRBKC) of the Metro 3 corridor has the potential to change the travel patterns of commuters who currently endure severe hardship as they navigate the congested Western Express Highway, or struggle to board local trains,鈥� said SK Gupta, director (projects), Mumbai Metro Rail Corporation Ltd (MMRCL). 鈥淎lso, this is the only line offering a direct connection to the airport, with separate stations for the international and domestic terminals.鈥�
Despite being a truncated corridor, the Metro 3 line touches key destinations such as both terminals of the airport, BKC, and important business districts in Andheri (East), including Sahar, Seepz, Marol, and MIDC. 鈥淏KC is set to become a major hub, with ridership expected to exceed one lakh soon after the corridor opens,鈥� said MMRCL director (planning & non-fare revenue) R Ramanna. Over 6.4 lakh people commute daily to BKC, including those connected with the diamond industry (see graphic), but the existing transit options do not reduce travel time, congestion, and air pollution. Also, it takes nearly an hour to travel from BKC to Kurla by bus, prompting many to prefer walking over using overcrowded buses.
Next Story
Reliance, Diehl Advance Pact for Precision-Guided Munitions
Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..
Next Story
Modis Navnirman to Migrate to Main Board, Merge Subsidiary
Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..
Next Story
Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025
The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..