The National Capital Region Transport Corporation (NCRTC) is a joint venture between the Government of India and the state governments of Delhi, Uttar Pradesh, Haryana, and Rajasthan. It is the official implementing agency for the RRTS (Regional Rapid Transit System) projects across the National Capital Region. NCRTC owns and operates Rapidx, India’s first-of-its-kind high-speed regional rail network designed to improve regional connectivity and decongest urban transport.
As a government company, NCRTC is structured with 50% ownership by the Central Government and the remaining 50% equally shared among the four partner states (12.5% each). Its mission is to develop a fast, safe, and sustainable public transport system that supports economic growth and urban development across the NCR.