Mumbai News: MMRC Signs MoU With IRHPL To Launch Retail Operations At Metro Line 3 Stations Including BKC And Airport T2 Terminal
Mumbai: India Retail Hub Private Limited (IRHPL), one of the retail groups has recently signed an MoU with Mumbai Metro Rail Corporation (MMRC) for retail operations at its underground metro 3 stations. Currently a 22km stretch of metro 3 is operational between Aarey to Worli.
As part of the MoU, IRHPL has been declared as Master Concessionaire for retail operations at key Mumbai Metro 3Line stations, specifically Bandra Kurla Complex (BKC) and Mumbai Airport T2 Terminal. The retail group will focus on transforming these metro spaces into vibrant retail hubs, food & beverage and passenger-centric services.
Naresh Sharma CEO of IRHPL group of companies said, "It is a major step in our journey as we will now be expanding our portfolio beyond the airport ecosystem At IRHPL, the idea is to create a company with presence in different domains of travel retail in India and the metro railway ecosystem is an emerging opportunity for us.”
The initiative will set a new benchmark in how metro stations are perceived, utilized and offer enhanced passenger services as per the company. The collaboration marks a significant step toward redefining metro spaces for an innovative and refreshing experience.
It introduces a new dimension to urban transit as the partnership reflects a shared vision of transforming metro environments into dynamic hubs as the company plans to bring world class design and standards to India through its new venture, it further stated.
Ramana Rachaprolu, Planning Director at MMRCL said, “Our partnership with IRHPL is a turning point in urban transit. With IRHPL’s proven expertise in airport retail, we’re confident in delivering a metro experience that feels more fresh, functional and future-forward.”
As part of this initiative, metro commuters can expect high-quality retail outlets, quick-service food counters, premium lounges and experiential zones that brings the airport retail experience directly into the city’s core transit system.
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