A little known fact about Pune is of the number of private vehicles plying its streets being greater than its official population. A ratio of 1.05 for the number of private vehicles per person in 2018 only highlights the need for an upgrade of its public transport system. It was with this in mind that the authorities approved a third Metro corridor (23.30 km in length) for the city in March, 2018. To be built under PPP mode, the project saw Tata Realty Infra Pvt Ltd-Siemens Project Ventures GmbH emerging as the winning private bidder last Friday. It would partner with the Pune Metropolitan Region Development Authority for the work.
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