Ministry of Railways (MOR) in partnership with Government of Gujarat (GoG) has envisaged development of a multi modal transport interchange infrastructure around Surat Railway Station and Gujarat State Road Transport Corporation (GSRTC) bus terminal and Surat Metro. This multifaceted infrastructure has been termed as Surat Multi Modal Transport Hub (Surat MMTH). A Multi Modal Transportation Hub (MMTH) is identified as a transport node located in the central part of the city, which integrates various modes of public transport systems as well as it is integrated with passenger transit-based activities. The hub serves as a single system that enables seamless passenger transfers.

Surat Integrated Transportation Development Corporation Limited (SITCO) was constituted on 17^th October, 2017 as project specific Joint Venture Special Purpose Vehicle (SPV) to re-develop the Surat Railway Station and GSRTC bus terminal along with Transit Oriented commercial development and integrating this facility with Bus Rapid Transit System (BRTS), City Bus, Surat Metro and other transportation modes to create State of the Art multi-modal interchange facility. The entire area in the vicinity of railway station and regional bus terminal will be developed as a Multi Modal Transportation Hub. This SPV, namely SITCO has shareholding by MOR through Rail Land Development Authority (RLDA), Gujarat State Road Transport Corporation (GSRTC) and Surat Municipal Corporation (SMC). The shareholding pattern in SITCO is depicted below: