NMRCL Is a Special Purpose Vehicle (SPV) created for the smooth implementation and operations of the Nagpur Metro Rail Project and is a joint venture of Government of India & Government of Maharashtra, with 50:50 equity. NMRCL shall be solely responsible for the successful and timely completion of the project & its operations subsequently.
Nagpur, the second capital of the state of Maharashtra is also the third largest city in the state and 13th largest urban conglomeration in India with area of 217 Sq. Km while the Nagpur Metro Region has a population of around 35 lakhs and an area of around 3576 Sq. Km. The city boasts of being the geographical center of the nation along with being the ‘Orange City’ as well as the ‘Tiger Capital of India’ as it is a Gateway to several tiger reserves in Central India. MIHAN (Multi-modal International Cargo Hub at Nagpur) Project is all set to give a big boost to the economic development of the region in general and the city in particular by creating employment potential of atleast 2 lakh jobs.
With the growing economic activity, it is necessary to plan for the infrastructure development so as to support the growth of the city. One of the major impacts of economic development will be increased traffic on the city roads. Currently the Public Transportation System contributes only 10% of the total trips . The motorized transport is dominated by two wheelers (28%) and so is the vehicle ownership in the city (84% of all owned vehicles are two wheelers)