To revive the Mumbai Monorail, which has been making losses due to low ridership, the Mumbai Metropolitan Regional Development Authority (MMRDA) has decided to explore the non-fare box (NFB) revenue resources – revenue generated apart from fare – by utilising different assets of the Monorail system.
The Phase I of the Mumbai Monorail corridor between Chembur and Wadala was commissioned on February 2, 2014. The full corridor (Chembur-Wadala-Sant Gadge Maharaj Chowk) was made open for passenger services on March 4, 2019. The MMRDA has been operating and maintaining the Monorail since December 2018. However, it has been plagued by low ridership and subsequent losses.