Indian Railway Catering and Tourism Corporation Ltd. (IRCTC)

Indian Railway Catering and Tourism Corporation (IRCTC) is a subsidiary of the Indian Railways and is one of the Miniratna companies of Central Indian government.

  • IRCTC was incorporated on 27th September, 1999 as an extended arm of the Indian Railways to upgrade, professionalize and manage the catering and hospitality services at stations, on trains and other locations and to promote domestic and international tourism through development of budget hotels, special tour packages, information & commercial publicity and global reservation systems. IRCTC records 15 to 16 lakh tickets everyday, which is world’s second highest and busiest ticketing record.

Conclusion

The Indian Railway network is growing at a healthy rate. In the next five years, the Indian railway market will be the third largest, accounting for 10 per cent of the global market. Indian Railways is targeting to increase its freight traffic to 3.3 billion tonnes by 2030 from 1.1 billion tonnes in 2017. Also, the government has committed to electrify its entire rail network by 2023, and become a “net-zero railway” by 2030. Inclusion of High-speed rail, Semi-high-speed rail, Mumbai–Pune hyperloop, Modern locomotive factories, Bio-toilets in all trains, Railway coach refurbishment, green technologies and environment friendly trains are the future of Indian railways.