IRCTC

Indian Railway Catering and Tourism Corporation Ltd

Industry: Online Services

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About Indian Railway Catering and Tourism Corporation Ltd

Overview

IRCTC is a Mini Ratna (Category-I) public sector enterprise under the Ministry of Railways, Government of India. It was incorporated on September 27, 1999, with a paid-up capital of Rs. 20 crores. The company's primary objective is to provide catering, tourism, and other ancillary services to the Indian Railways.

History

IRCTC was established in 1999 as a part of the Indian Railways' modernization program. The company was initially responsible for providing catering services on trains and at railway stations. However, it has since diversified its operations to include tourism, air ticketing, cruise operations, and data monetization.

How it operates

IRCTC operates through a network of 14 zonal offices and 75 divisional offices across India. The company has a workforce of over 25,000 employees. IRCTC's operations are divided into three main segments:

Catering: IRCTC provides catering services on all major trains in India. The company also operates a chain of budget hotels and restaurants across the country.

Tourism: IRCTC offers a wide range of tourism products, including rail tours, bus tours, and package holidays. The company also operates a number of tourist trains, including the Bharat Gaurav Tourist Train and the Palace on Wheels.

Ancillary services: IRCTC provides a number of ancillary services to the Indian Railways, including ticketing, parcel booking, and e-commerce.

The future

IRCTC is a growing company with a bright future. The company is well-positioned to capitalize on the growing demand for rail travel and tourism in India. IRCTC is also expanding its operations into new areas, such as air ticketing and cruise operations.

Conclusion

IRCTC is a significant player in the Indian travel and tourism industry. The company has a strong track record of growth and innovation. IRCTC is well-positioned to continue to grow in the years to come.

Official website:

Milestones:

1999: IRCTC is incorporated.

2002: IRCTC launches its online ticketing system.

2005: IRCTC launches its first budget hotel.

2010: IRCTC launches its first tourist train.

2015: IRCTC goes public.

2020: IRCTC launches its air ticketing service.

Additional information and interesting facts:

IRCTC is the world's largest railway catering company.

IRCTC's online ticketing system is one of the most popular in India.

IRCTC's tourist trains are some of the most popular in India.

IRCTC is a major player in the Indian air ticketing market.

Brands and companies:

IRCTC operates a number of brands, including Rail Neer, Aahar, and IRCTC Tourism.

IRCTC is a joint venture partner in a number of companies, including Indian Railway Catering Services (IRCTC) and Indian Railway Tourism Development Corporation (ITDC).

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Indian Railway Catering and Tourism Corporation Ltd Fundamental Analysis

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Indian Railway Catering and Tourism Corporation Ltd Technical Analysis

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