+
Kolkata Metro's Non-Fare Revenue Soars
RAILWAYS & METRO RAIL

Kolkata Metro's Non-Fare Revenue Soars

Kolkata Metro, one of India's oldest and busiest rapid transit systems, has witnessed a significant surge in its non-fare revenue earnings, marking a remarkable 19.9% increase. This surge underscores the metro's successful diversification of revenue streams beyond ticket sales, showcasing its resilience and adaptability in challenging times.

The rise in non-fare revenue, which includes advertising, property, and retail revenue, demonstrates Kolkata Metro's proactive approach towards enhancing its financial sustainability. By leveraging its infrastructure and customer base, the metro has capitalised on various commercial opportunities, contributing to its overall revenue growth.

This increase in non-fare revenue comes at a crucial juncture when public transportation systems globally are facing financial strains due to the impact of the COVID-19 pandemic. Kolkata Metro's ability to boost revenue outside traditional ticket sales highlights its agility in navigating economic uncertainties and diversifying its income sources.

The metro's success in boosting non-fare revenue is attributed to strategic partnerships with advertisers, property developers, and retailers, enabling it to monetise its assets effectively. By optimising its advertising spaces, leasing out commercial properties, and offering retail spaces within its premises, Kolkata Metro has unlocked new revenue streams while enhancing passenger experience.

Moreover, Kolkata Metro's commitment to innovation and customer-centric services has played a pivotal role in driving non-fare revenue growth. The metro has introduced modern amenities and facilities, such as digital advertising screens, retail kiosks, and promotional events, creating value for both passengers and commercial partners.

As Kolkata Metro continues to expand its network and improve its services, the surge in non-fare revenue reflects its resilience and adaptability in the face of evolving market dynamics. By prioritising diversification and innovation, Kolkata Metro sets a benchmark for sustainable urban transportation systems, ensuring financial viability while delivering quality services to commuters.

Kolkata Metro, one of India's oldest and busiest rapid transit systems, has witnessed a significant surge in its non-fare revenue earnings, marking a remarkable 19.9% increase. This surge underscores the metro's successful diversification of revenue streams beyond ticket sales, showcasing its resilience and adaptability in challenging times. The rise in non-fare revenue, which includes advertising, property, and retail revenue, demonstrates Kolkata Metro's proactive approach towards enhancing its financial sustainability. By leveraging its infrastructure and customer base, the metro has capitalised on various commercial opportunities, contributing to its overall revenue growth. This increase in non-fare revenue comes at a crucial juncture when public transportation systems globally are facing financial strains due to the impact of the COVID-19 pandemic. Kolkata Metro's ability to boost revenue outside traditional ticket sales highlights its agility in navigating economic uncertainties and diversifying its income sources. The metro's success in boosting non-fare revenue is attributed to strategic partnerships with advertisers, property developers, and retailers, enabling it to monetise its assets effectively. By optimising its advertising spaces, leasing out commercial properties, and offering retail spaces within its premises, Kolkata Metro has unlocked new revenue streams while enhancing passenger experience. Moreover, Kolkata Metro's commitment to innovation and customer-centric services has played a pivotal role in driving non-fare revenue growth. The metro has introduced modern amenities and facilities, such as digital advertising screens, retail kiosks, and promotional events, creating value for both passengers and commercial partners. As Kolkata Metro continues to expand its network and improve its services, the surge in non-fare revenue reflects its resilience and adaptability in the face of evolving market dynamics. By prioritising diversification and innovation, Kolkata Metro sets a benchmark for sustainable urban transportation systems, ensuring financial viability while delivering quality services to commuters.

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?