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  • “PM Modi at 75: India emerges as world’s fourth-largest capital market under his leadership”, says NSE MD & CEO

    “PM Modi at 75: India emerges as world’s fourth-largest capital market under his leadership”, says NSE MD & CEO

    Ashishkumar Chauhan, MD & CEO of the National Stock Exchange (NSE), extended his greetings to Hon’ble Prime Minister Shri Narendra Modiji on the occasion of his 75th birthday, lauding his visionary leadership and remarkable journey.

    Chauhan highlighted that Shri Modi is the first and only Prime Minister born after India’s independence and the second-longest consecutive serving Prime Minister. He said the Prime Minister’s vision in action continues to steer the nation towards the goal of Viksit Bharat 2047. From humble beginnings in Gujarat to 24 years as the head of democratically elected governments in both the state and at the Centre, Modi’s journey, he noted, is a testament to self-effort, patience, determination and commitment.

    He pointed out that transformative policies ranging from Jan Dhan Yojana to Chandrayaan 3, Ayushman Bharat to Digital India, Make in India to Swachh Bharat, NITI Aayog to Gati Shakti, and Mission Life to International Solar Alliance stand as cornerstones of the Prime Minister’s vision of Sabka Saath, Sabka Vikas, Sabka Vishwas and Sabka Prayas.

    Under Modi’s leadership, Chauhan noted, India has emerged as the world’s fourth-largest economy and the fourth-largest capital market. The equity market capitalisation of NSE-listed companies has grown more than six times—from about ₹67 lakh crore in May 2014 to nearly ₹460 lakh crore today. During the same period, the number of unique registered investors has increased sevenfold, from 1.7 crore to about 12 crore, now holding over 23 crore investor accounts and covering 99.85% of India’s PIN codes. “This democratisation of capital markets reflects the rise of India’s middle class, with nearly one in four households now investing in equities,” Chauhan observed.

    He added that the Prime Minister’s global standing among world leaders makes every Indian proud and inspires citizens to contribute further. Extending his wishes, Chauhan expressed hope that the Prime Minister continues to lead a long and healthy life in service of the nation.

    Prime Minister Shri Narendra Modi, born on 17 September 1950, marks his milestone birthday today.

    The National Stock Exchange of India (NSE) is India’s largest stock exchange and stands among the leading exchanges globally in terms of equity trading volumes and the market capitalisation of its listed companies.

  • Mumbai Maha Metro Surpasses 200 Million Passenger Journeys in Just 39 Months: A Testament to Urban Transformation

    Mumbai Maha Metro Surpasses 200 Million Passenger Journeys in Just 39 Months: A Testament to Urban Transformation

    Mumbai, August 4, 2025 — In a momentous leap forward for sustainable urban mobility, Mumbai Maha Metro has crossed the formidable milestone of 200 million passenger journeys within 39 months of its operations. This achievement not only underscores the efficiency and accessibility of the Metro system but also signals the changing pulse of how Mumbai navigates its future—a city rooted in legacy, racing toward innovation.

    Engineering Connection, Empowering Lives

    Since its inception, Mumbai Maha Metro has symbolized more than just a mode of transport—it has become a movement of connection, inclusion, and resilience. In a city known for its ceaseless rhythm, the Metro offered relief from road congestion, environmental strain, and lost hours in traffic. What began as an infrastructural promise has matured into an everyday lifeline for millions of Mumbaikars.

    Covering key corridors that knit together commercial hubs, residential neighborhoods, educational districts, and cultural landmarks, the Metro’s network now pulses in sync with the heartbeat of the metropolis. The milestone of 200 million passenger journeys is not merely numerical—it’s deeply human. It reflects students reaching their colleges safely, families traveling across the city with ease, and professionals reclaiming precious hours otherwise lost on overcrowded roads.

    Behind the Numbers: What 200 Million Journeys Mean

    To cross 200 million journeys in just over three years is not an ordinary feat. It’s the result of meticulous planning, community-centric vision, and an unwavering commitment to accessibility, reliability, and safety. Here’s what this number signifies:

    • An average daily ridership consistently scaling above 170,000 commuters, reflecting growing confidence in the system
    • More than 30% reduction in surface traffic congestion along Metro corridors
    • A significant decline in carbon emissions, as more citizens opt for eco-friendly travel
    • Inclusive features such as escalators, elevators, tactile paths, audio alerts, and multilingual signage that cater to senior citizens, the visually impaired, and diverse commuters

    Each of these journeys is a vote of trust. Whether it’s an early-morning commute, a post-dusk cultural outing, or a festive-season rush, the Metro has stood resilient, offering punctuality and comfort that few transport systems in the country can match.

    A Commitment to Sustainability

    Mumbai Maha Metro isn’t just facilitating motion—it’s fostering momentum toward a greener city. Built on modern infrastructure that aligns with global standards of energy efficiency, its stations and operations embrace:

    • Solar panels installed at select hubs to reduce grid dependency
    • Rainwater harvesting systems and low-energy lighting solutions
    • Electrified tracks and regenerative braking systems that curb environmental impact
    • Smart air-quality monitoring and noise control mechanisms for commuter well-being

    This milestone thus aligns not only with civic development but with Mumbai’s climate ambitions—making public transport not just a convenience, but a climate-conscious choice.

    Technology and Innovation: The Invisible Backbone

    What commuters experience on the surface is supported by a powerful technological backbone. From AI-powered service monitoring to predictive maintenance and real-time passenger information systems, the Metro remains operationally agile. Innovations such as mobile ticketing apps, QR code access, smart card integration, and automated fare collection systems ensure that every journey is seamless.

    Stations are designed to be smart zones—equipped with high-speed connectivity, interactive kiosks, and surveillance systems to maintain safety, comfort, and digital integration. As Mumbai Maha Metro steps into its next phase, future expansions are expected to leverage digital twin technology and IoT-enabled infrastructure to pre-empt service disruptions and optimize commuter flow.

    A Collective Success Story

    This victory belongs to more than just engineers or officials—it’s a collaborative triumph. The Metro’s steady rise was made possible by:

    • The unwavering support of citizens who made conscious mobility choices
    • Local authorities and policy-makers who facilitated fast-track clearances and funding
    • Maintenance crews, security teams, and station managers who work day and night for operational excellence
    • Designers and planners who ensured the Metro doesn’t just move people—it reflects the cultural and architectural essence of Mumbai

    Mumbai Maha Metro also acknowledges the feedback and engagement from commuters, which has guided numerous service enhancements—from route adjustments and frequency tweaks to accessibility upgrades.

    Words from the Leadership

    Shri [CEO Name], Managing Director of Mumbai Maha Metro, expressed heartfelt gratitude at a commemorative event held at Ghatkopar Metro Station:

    “Crossing 200 million journeys is not just about scale—it’s about impact. Every ride tells a story of trust, opportunity, and transformation. We thank the people of Mumbai for embracing the Metro not just as infrastructure, but as an ideal. We will continue building on this success, expanding corridors, enhancing services, and putting people at the heart of every decision.”

    He further emphasized that Mumbai Maha Metro is committed to becoming a model of inclusive development by deepening its outreach in underserved areas and engaging with communities on the ground.

    What Lies Ahead

    The next chapters for Mumbai Maha Metro include ambitious plans:

    • Expansion into Western and Northern corridors to improve last-mile connectivity
    • Introduction of express lines for faster commutes across longer routes
    • Deployment of green energy grids at all major hubs by 2026
    • Launch of Metro cultural zones featuring local artwork, digital storytelling panels, and community exhibitions

    Mumbai Maha Metro envisions its future not just as a transit facilitator but as a catalyst for urban rejuvenation. By integrating public art, culture, and sustainability into its infrastructure, it seeks to offer journeys that are memorable, meaningful, and inspiring.

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