India, June 27 -- A 114% jump in daily ridership on the Metro 3 corridor since the operationalisation of the Bandra Kurla Complex (BKC) to Acharya Atre Chowk stretch on May 10 is attracting retailers to metro stations. On Wednesday, the Mumbai Metro Rail Corporation Limited (MMRCL) signed a memorandum of understanding (MoU) with India Retail Hub Private Limited (IRHPL) for setting up branded outlets, shops, offices, restaurants, food zones and premium lounges at the Kotak-BKC and CSMIA-T2 stations.

"Our partnership with IRHPL is a turning point in urban transit," said R Ramana, director, MMRCL. "They have proven expertise in airport retail, and we want to deliver a similar experience at Metro 3 stations."

IRHPL, which specialises in the...