The story
Pallavan Transport Corporation & Dr. Ambedkar Transport Corporation
The Pallavan Transport Corporation Ltd was established on 1 January 1972 with a fleet strength of 1,029 buses. The operational jurisdiction is the Chennai Metropolitan area. It served 176 routes and had 8 depots, including those at T. Nagar, Adyar, and Vadapalani. Depots at Anna Nagar and K.K. Nagar were established in 1973. The Pallavan Transport Corporation was split into two and a new Corporation, namely, Dr. Ambedkar Transport Corporation Ltd. started functioning from 19 January 1994. The depots in the northern areas of the city were brought under Dr. Ambedkar Transport Corporation Ltd and the southern depots came under Pallavan Transport Corporation. Pallavan Transport Corporation was renamed as Metropolitan Transport Corporation (Madras Division - I) Limited and Dr. Ambedkar Transport Corporation was renamed as Metropolitan Transport Corporation (Madras Division - II) Ltd., on 1 July 1997. In order to make the Corporations viable, and for better administrative control, Metropolitan Transport Corporation (Madras Division II) was amalgamated with Metropolitan Transport Corporation (Madras Division I) Ltd on 10 January 2001.
Present Day
As of 2012, the corporation operates 42,961 services daily in 800 routes. The driver strength at MTC is 5,000 as against a required driver strength of 5,800.
In May 2017, the MTC had a scheduled fleet of 3688 buses and total fleet strength of 3968 buses.
2018 Price Hike
On 20 January 2018, the MTC introduced a controversial rise in fares with minimum fares for ordinary buses going up from Rs 2 to Rs 5, and maximum fare going up from Rs 12 to Rs 23, the fares were also hiked for other categories of buses with the minimum fare for Express buses becoming Rs 8 and maximum becoming Rs 35 while the minimum fares of Deluxe buses were Rs 12 and maximum fares Rs 48, this was the first such price hike since 2011. This was followed with an increase in the number of deluxe buses (from 900 to 1200) which were the costliest buses. This led to a 30% fall in the number of daily passengers within 3 months. The MTC had projected a 40% rise in daily revenue from Rs 25 million to Rs 40 million but ended up receiving only Rs 28 million in daily revenue i.e. a 12% increase.
From Wikipedia’s article on Metropolitan Transport Corporation (Chennai), shared under CC BY-SA 4.0.3
