The new venture will assume responsibility for construction, installation, operations, and maintenance, while the Jaipur Metro's first two phases will remain under the Jaipur Metro Rail Corporation (JMRC).

Chief Minister Bhajan Lal Sharma revealed that a steering committee, chaired by the Chief Secretary, has been established to prepare the formalities and procedures required for the joint venture's formation. Once established, the new entity will streamline metro rail development across the state.