Pune Metro

What Pune Metro does

Pune Metro is a government-owned urban rapid transit system serving the Pune and Pimpri-Chinchwad metropolitan area in Maharashtra, India. It is operated by Maharashtra Metro Rail Corporation Ltd (Maha-Metro), a 50:50 joint venture between the Government of India and the Government of Maharashtra. The active network comprises two lines: the Purple Line (PCMC to Swargate/Civil Court) and the Aqua Line (Vanaz to Ramwadi), totaling 33.1 km across 30 stations, of which 29 are operational. Daily ridership stood at approximately 1.88-2.0 lakh in late 2025/early 2026, growing about 25% year over year, though still only around 30% of the original Detailed Project Report projection.

The technology stack centers on 750V DC third-rail traction, Communications-Based Train Control (CBTC) signaling on the upcoming Line 3, Tunnel Boring Machine (TBM) construction for underground sections, and the New Austrian Tunnelling Method (NATM) for station caverns. Customer-facing systems include the One Pune NCMC Rupay Card (10% discount), the One Pune Vidyarthi Pass (30% student discount), a WhatsApp-based ticket booking flow, and the Metro Bhavan Experience Centre. Revenue is generated through distance-based passenger fares supplemented by ancillary streams including Celebration on Wheels (event venue rental on trains), station-level advertising, parking and card-based transaction economics. Customer segments are diversified across daily urban commuters, IT professionals heading to Hinjawadi tech parks (the primary beneficiary of Line 3), students, and transit-hub users.

A third line (Hinjawadi to Shivajinagar, 23 km) being delivered under a public-private partnership with Pune IT City Metro Rail Ltd (Tata Group and Siemens-led consortium) reached 94% completion in March 2026 and is targeted for July 2026 operations, expected to materially expand the ridership base. Maha-Metro has further secured an EUR 49.5 million EIB top-up loan (October 2025) and is progressing Phase 2 expansion adding 13 stations, a proposed airport link via Kalyani Nagar, and feeder bus integration.

Name

Pune Metro

Legal name

Pune Metro Rail Project

Website

https://punemetrorail.org

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Pune Metro is a government-owned urban rapid transit system operated by Maha-Metro, running two metro lines across 33.1 km and 29 operational stations in the Pune-Pimpri Chinchwad metropolitan area, serving daily commuters, IT professionals, students, and transit-hub users.

Ownership category

akta.pro rank

Product category

Urban Metro Rail Transit

NAICS

Urban Transit Systems (48511), Mixed Mode Transit Systems (485111)

SIC

Local & Suburban Transit & Interurban Hwy Passenger Trans (4100)

akta.pro primary industry

Metro/Urban Rail Operators (Integrated Multimodal Agencies) (TLAFAEAG)

akta.pro secondary industries

Heavy Rail Metro/Subway Operators (Grade-Separated) (TLAFAEAA), Metro/Subway Operators (THAIABAA)

Keywords

• Urban rail transit
• Metro rail services
• Public transportation
• Rapid transit system
• Commuter rail network

Headquarters

HQ city

Pimpri

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain

Revenue model

1. Metro Ticket Fares: Revenue generated from passenger fares for metro travel across operational lines including Aqua Line and Purple Line
2. Celebration on Wheels: Event venue rental service for private celebrations and film shootings on metro trains and stations
3. Common Mobility Card (NCMC): Revenue from One Pune NCMC Rupay Card transactions with 10% discount offered to promote adoption

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Pune Metro operates an urban rapid transit metro rail system spanning 33.1 km across 29 stations serving Pune and Pimpri-Chinchwad in India. The system runs two operational lines: the Purple Line from PCMC to Swargate and the Aqua Line from Vanaz to Ramwadi, with additional lines under construction. Services include passenger transportation, event venue rentals through Celebration On Wheels, common mobility card payments, and student discount passes.

Product overview

Pune Metro is an urban metro rail system operated by Maharashtra Metro Rail Corporation Ltd (Maha-Metro), providing rapid transit services across Pune and Pimpri Chinchwad cities. The system consists of two operational lines: the Purple Line (PCMC to Civil Court) and the Aqua Line (Vanaz to Civil Court), with a total of 30 stations across 33.1 km of network length. The metro offers supplementary services including the Celebration On Wheels (event venue rentals), Metro Bhavan Experience Centre, and various ticketing solutions like the One Pune NCMC Rupay Card and WhatsApp booking. The system is expanding with Line 3 (Hinjawadi-Shivajinagar corridor) under development and plans for feeder bus services to address last-mile connectivity.

Differentiator

Problem solved

Functional benefit

Brands

• One Pune NCMC Rupay Card: Common mobility card for seamless travel across Pune Metro network
• One Pune Vidyarthi Pass

Products and services

• Pune Metro Purple Line
• Pune Metro Aqua Line
• Celebration On Wheels

Quantifiable outcome

• Travel time reduction: 90 minutes to 45 minutes between Hinjawadi and Shivajinagar
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature6 records

Partnerships

Six partnerships are on record, tiered major and core.

• Pune Municipal Corporation (PMC)majorStrategic or Co-development Partner · 17 April 2026PMC is involved in metro infrastructure approvals, civic planning coordination, and NOC (No Objection Certificate) requirements for metro-related construction. The municipal corporation provides necessary permits and coordinates urban development aspects of metro projects.
• National Payments Corporation of India (NPCI)coreTechnology or Integration · 10 February 2026NPCI collaborated with Maha Metro and HDFC Bank to launch RuPay On-The-Go card acceptance across the Pune Metro network, enabling seamless contactless digital ticketing. The cards support interoperability across multiple public transport systems including buses and other metro networks with offline payment capability.
• HDFC BankcoreTechnology or Integration · 10 February 2026Partnered with NPCI and Maha Metro to enable RuPay On-The-Go card acceptance across Pune Metro network for seamless contactless digital ticketing with 10% discount on rides.
• Pune IT City Metro Rail Limited (Tata Group and Siemens Joint Venture)coreStrategic or Co-development Partner · 1 January 2019Pune IT City Metro Rail Limited, a joint venture between Tata Group and Siemens, is the concessionaire developing Line 3 (Hinjewadi-Shivajinagar corridor). This is India's first public-private partnership-based Metro approved by the Centre. The concessionaire oversees project execution, trial runs, and commercial operations of the 23-km elevated corridor.
• Maharashtra Metro Rail Corporation Ltd (Maha-Metro)coreStrategic or Co-development PartnerMaha-Metro is the implementing agency for Pune Metro operations, overseeing network management, feeder bus services (MMI), and passenger information systems. The organization manages day-to-day metro operations across all lines.
• Pune Mahanagar Parivahan Mahamandal Limited (PMPML)majorChannel Partner/ Reseller/ DistributorPMPML is the city bus service operator partnered with Pune Metro for bus route coordination near metro stations and feeder bus connections. Coordination ongoing for revised bus routes during metro construction work at Katraj and other locations.

Scale indicators19 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Delhi Metro Rail Corporation (DMRC): India's largest urban metro operator with an extensive multi-line network. Directly comparable as a government-backed urban metro system serving a major Indian city, with similar farebox, NCMC integration, and PPP considerations.
• Mumbai Metro (MMRDA / Maha Metro): Urban metro serving a major Indian metropolitan region with overlapping geography to Pune. Comparable on operational scale, government ownership structure, and Indian urban-transit regulatory framework.
• Ahmedabad Metro (GMRC): Urban metro in a major Indian industrial city with phased expansion underway. Comparable on government ownership, multimodal coordination with city buses (BRTS), and phased PPP/PPP-light structuring.
• Bengaluru Metro (BMRCL / Namma Metro): Urban metro serving India's leading IT/tech hub, with similar reliance on IT-corridor commuter demand. Closely comparable on customer-segment profile (IT professionals) and on the challenge of connecting dispersed tech parks to the city center.
• Lucknow Metro (UPMRC): Urban metro in a major North Indian state capital, comparable in scale and phased construction model. Similar institutional ownership pattern (state JV with GoI) and feeder-coordination approach with state road transport.
• Chennai Metro Rail: Urban metro operator in a major Indian metro with similar two-line operational structure and phased expansion. Comparable on passenger mix, fare structure, and integration with suburban rail/bus networks.
• Jaipur Metro (JMRC): Urban metro in an Indian state capital with a comparable two-corridor operational structure. Comparable on ridership ramp challenges in a non-coastal Tier-2 metro and on farebox recovery dynamics.
• Kochi Metro: Mid-sized urban metro in an Indian Tier-2 city with comparable network scale (~25-30 km). Comparable on integrated ticketing (Kochi One card), multimodal coordination, and the challenge of achieving DPR-projected ridership.
• Hyderabad Metro: Urban metro in a major Indian IT hub (HITEC City, Gachibowli), with strong overlap in IT-corridor commuter demand. Directly comparable on customer base and the role of tech-park anchors in driving peak-hour ridership.
• Nagpur Metro: Sister project also operated by Maha-Metro, sharing the same parent organization, governance, and operational standards. Directly comparable on operator-level decisions, fare policy, and feeder bus coordination approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/metrorailpune
• YouTubeyoutube.com/channel/UCm6Tcz16_xr8vjmgK3ViFOw
• Facebookfacebook.com/MetroRailPune
• Instagraminstagram.com/metrorailpune
• LinkedInlinkedin.com/company/pune-metro-rail-project

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pune Metro