Union Cabinet approved Phase-2 of Jaipur Metro, a 41 km North-South corridor with 36 stations at a total cost of ₹13,037.66 crore.
The project will be implemented by Rajasthan Metro Rail Corporation Limited (RMRCL), a 50:50 joint venture between Government of India and Government of Rajasthan.
Phase-2 will connect major activity nodes including Sitapura Industrial Area, VKIA, Jaipur Airport, and integrate with operational Phase-1 through interchanges.
The project has an Economic Internal Rate of Return (EIRR) >14% and is targeted for completion by September 2031.