The Live Nagpur
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary

The Live Nagpur

  • Home
  • City
  • Politics
  • Business
  • Education
  • Entertainment
  • Sports
  • Health
  • Crime
  • Forest
  • Featured
  • Vidarbha
Nagpur City

Maha Metro gets train wrapping advertisements Rights of  Bank of Maharashtra   

by TLN Team January 30, 2020
written by TLN Team January 30, 2020
Maha Metro gets train wrapping advertisements Rights of  Bank of Maharashtra   

Even as services of Maha Metro Aqua Line have been started, Maha Metro has achieved yet another milestone. Maha Metro has earned Train Wrapping Advertisement Rights of Bank of Maharashtra. The entire train has been wrapped displaying content issued by the Bank.

Train wrapping a global innovation for earning recurring and sustainable non-fare box revenue: Maha Metro at even this early stage stands to gain ₹ 1 lac per month from Bank of Maharashtra through this arrangement. The agreement is valid for a period of 12 months. One train – of three coaches is wrapped with advertisement material, which showcases different activities of Bank of Maharashtra. The train wrapping expenses amounting to ₹ 4.95 lac have also been borne by Bank of Maharashtra.

This is a major initiative on part of Maha Metro in the field of Non-Fare Revenue Box Concept. It is important to note that Nagpur Metro has an ambitious target to get more than 50% of its total revenues from non- fair box. The Bank of Maharashtra agreement, valid for a year is just beginning of the journey and is initially valid for a period of one year. One train – of three coaches is wrapped under the agreement with advertisement material, which showcases different activities of Bank of Maharashtra.

This apart, Maha Metro has also started its earning on the Property Development (PD) front with various firms and institutions getting spaces for commercial operations at the Institute of Engineers Metro, Lokmanya Nagar, Jai Prakash Nagar, Khapri, Airport and Jai Prakash Nagar Metro Stations.

It is worth mentioning that Maha Metro has always focussed on Non-Fare Box Revenue through Stamp Duty, TOD Policy, PD and Station Semi-Naming Rights. In fact, even before the project was inaugurated and commercial operations were launched on 7th March 2019, Maha Metro had earned ₹ 150 crore. Thus, considering the future need for generating revenue from other sources, Maha Metro has already not just planned but has also started executing plans as per the requirement.

0 comment
FacebookTwitterLinkedin
TLN Team

previous post
Anjuman college annual event celestial 2020 begins
next post
Martyrs Day observed at T.B.R.A.N’s Mundle English Medium School

You may also like

Woman booked for operating a sex racket at...

April 2, 2023

Fifty underage youths discovered in posh city pubs...

April 2, 2023

Dr Datta, AIIMS director retires on Monday says...

April 2, 2023

Three including two doctors killed in accident on...

April 2, 2023

Y-Shape Flyover, Navin Loha Pul RuB Open to...

April 1, 2023

WCL achieves the highest-ever coal production and OBR...

April 1, 2023

Link Aadhar with Land Records – VTA

April 1, 2023

Family Court holds awareness programme on harassment of...

April 1, 2023

Indigo launches daily flights from Thiruvananthapuram to Nagpur

April 1, 2023

The power tariff increase goes into effect from...

April 1, 2023

Trending News

  • Indian Idol 13: Winner name leaked?

    April 1, 2023
  • Donald Trump indicted, first US president to face charges

    March 31, 2023
  • What is blue Aadhaar card? check details below

    March 30, 2023
  • SBI credit card fees and charges in 2023, details below

    March 30, 2023
  • Good Friday’s Traditional Food Practises

    March 29, 2023

Important Links

  • Politics
  • Crime
  • Business
  • Education
  • Entertainment
  • Sports

Available on Playstore & Coming Soon on Appstore

Search

January 2020
M T W T F S S
« Dec   Feb »
 12345
6789101112
13141516171819
20212223242526
2728293031  

Sign-Up Form

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Footer Logo
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary
  • Privacy Policy
  • Cookie Policy
  • Terms Of Use
  • Advertise with Us

© 2020 - The Live Nagpur . All Rights Reserved.