Kolkata Metro's Non-Fare Revenue Surges

08 Apr 2024 CW Team

Kolkata Metro has reported a notable surge of 19.9% in its non-fare revenue earnings, indicating a positive trend in the financial performance of the urban transportation system. This increase underscores the effectiveness of the metro's diversification strategies and highlights its ability to generate revenue beyond ticket sales.

The rise in non-fare revenue reflects Kolkata Metro's success in leveraging its assets and infrastructure for additional income streams, such as advertising, property rentals, and commercial partnerships. These efforts have contributed to enhancing the metro's financial sustainability and reducing its reliance on fare collections for revenue generation.

Kolkata Metro's proactive approach towards exploring diverse revenue sources has yielded tangible results, with non-fare revenue emerging as a significant contributor to its overall income. The metro's ability to capitalise on its assets and capitalise on opportunities in the market has strengthened its financial position and bolstered its long-term viability.

The substantial growth in non-fare revenue earnings also underscores the importance of innovative financing models and public-private partnerships in supporting urban transportation systems' financial health. By tapping into non-traditional revenue sources, Kolkata Metro has demonstrated its resilience and adaptability in navigating economic challenges and evolving market dynamics.

Moving forward, Kolkata Metro aims to further diversify its revenue streams and explore new avenues for generating income to support its expansion plans and enhance passenger experience. The metro's robust performance in non-fare revenue underscores its commitment to financial sustainability and its role as a vital component of Kolkata's public transportation infrastructure.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..