Established in 1995 and headquartered in New Delhi, India, the Delhi Metro Rail Corporation (DMRC) is a joint venture between the central Indian and Delhi state governments. DMRC operates the Delhi and Noida Metro systems and is actively involved in planning and executing metro rail, monorail and high-speed rail projects across India and internationally. The Delhi Metro network spans approximately 392.44 kilometres with 288 stations, serving an estimated 1.7 billion passengers annually.