With
Mumbai, Chennai, Bengaluru and some other cities building metro
networks to overcome choked roads, trains and buses, more than Rs 1
trillion was invested in metro rail projects in 2018-19.
Business
Standard : India’s
automobile sector is battling slowdown, but metro rail construction
is booming. India has 650 km of metro rail lines, and the government
aims to have another 600 km ready in various cities in the next five
years.
India
needs more metro services considering the fact that half of its
population will be living in cities by 2030. Proposals to build 1,000
km are at various stages of consideration. Ten Indian cities have
metro systems now, with more than half the length accounted for by
Delhi-National Capital Region (NCR). Another 150 km of metro rail
will debut in Nagpur, Bhopal, Indore, Ahmedabad and Pune.
Millions
of people take the metro
rail in cities, using a cheap, safe and convenient mode of
transport that makes their bearable in otherwise barely livable urban
India. More than Rs 1 trillion was invested in metro rail projects in
2018-19, and the amount is expected to peak to Rs 1.8 trillion by
2021, according to a report by India Infrastructure Research. All
government-owned metro systems run as corporations and have devised
business plans to generate non-fare box revenue to be financially
viable. Some of them have used trains to target customers with
advertisements and digital content through tie-ups with some of the
biggest technology companies of the world.
At
the start of the 21st century, the most common sight on Delhi’s
roads was the Delhi
Metro Rail Corporation (DMRC) digging up tunnels and building
pillars to create a utility that would transform India’s capital
from a chaotic nightmare of unruly bus drivers and roads choked by
private cars to a more bearable place to live in.
DMRC
started operations with a few thousand riders in 2002 and its daily
ridership had touched 7 lakh a day by 2008. In 2008, there were 6
million motor vehicles on Delhi’s roads. Cut to 2018 and the number
of vehicles on Delhi’s roads grew to 10 million: a majority of them
two wheelers. As vehicular traffic in Delhi almost doubled, daily
metro ridership grew almost three fold to touch 2.5 million a day. In
June 2019, the average daily ridership on the metro was 5.5 million.
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