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| Company type | Public sector undertaking |
|---|---|
| Industry | Rail transport |
| Founded | 12 July 1999; 26 years ago (1999-07-12) |
| Headquarters | Churchgate, Mumbai ,India |
Area served | Mumbai Metropolitan Region |
Key people | Shri Subhash Chand Gupta(Chairman & MD) |
| Revenue |  ₹131.93 crore (US$16 million) (2022-23) |
| ₹87.42 crore (US$10 million) (2022-23) | |
| Owner |
|
Number of employees | 239 (31 March 2023) |
| Website | mrvc |
| Footnotes / references [1][2] | |
Mumbai Railway Vikas Corporation (MRVC) is an Indianpublic sector undertaking responsible for executing railway projects under theMumbai Urban Transport Project (MUTP) as sanctioned byMinistry of Railways for enhancing suburban rail transportation. It was incorporated under the Companies Act, 1956 on 12 July 1999 with anequity capital of Rs. 25 crore shared in the ratio of 51:49 betweenMinistry of Railways andGovernment of Maharashtra. MRVC is also involved in the planning and development of theMumbai Suburban Rail system.
The main objectives of MUTP are:
