December 02, 2008

DMRC revenues to exceed INR 2100 Crore by 2011 - ASSOCHAM

ASSOCHAM reported that revenue of Delhi Metro Rail Corporation is likely to shoot up by about 194% in next 3 years and touch INR 2100 crore as by then the DMRC would have successfully rented out most of its space along metro’s track lines for commercial utilization as well as advertisements, besides a vast majority of road traffic would have shifted on to Delhi Metro. In calendar 2007, the DMRC revenues earning stood INR.730 crore.

The aforesaid findings are arrived at a ASSOCHAM Forecast Paper on Future’s Revenue Growth of DMRC by 2011 which also specifies that Delhi Metro Revenue by 2011 would be as under

Head	Revenue
Rental Charges	850
Ticket charges from Delhi & NCR working population	700
Advertisement support	600
Total	2150

(In INR crore)

Mr DS Rawat general secretary of ASSOCHAM said that “Metro’s stations on both sides of the railway tracks would be filled with ATM machines for banking transactions and be occupied by food stalls serving tea, coffee, snacks and other beverages.”

Mr Rawat added that DMRC would earn 39% of its revenues by leasing out space to corporate for commercial use. Approximately 33% and 28% respectively by sale of tickets and space allocations for advertisers.

He said that metro’s projects would be expanded as its expansion is currently undergoing massive acceleration to generate 25,000 jobs for skilled and semi skilled workforce and become a lead body for providing employment. The jobs created by DMRC would greatly satisfy civil, mechanical, electronics and electrical engineers, besides technicians, station and train controllers, security personnel and other supporting staff.

According to ASSOCHAM estimates, Delhi and NCR’s working population presently commuting from Public Transport System and nearly 0.7 million commuters take to road transport which is cumbersome in nature. Their numbers are likely to go up by over 0.9 million by 2011.