Rationale theme:

An Indian railway is the governmental undertaking of Government which owns and operates India's rail transport. Industry size: It is the fourth largest rail network in the world after USA, Russia, China covering 114,500 kilometers of total track over a route of 65,000 kilometers and 7,500 stations. The railways traverse the length and breadth of the country and carry over 30 million passengers and 2.8 million tons of freight daily. Indian Railways makes 70% of its revenues and most of its profits from the freight sector. The railway reported a cash surplus of 900 crore in 2005, 14,000 crore in 2006, 20,000 crore in 2007 and 25,000 crore for the 2007-2008 fiscal year. In the previous fiscal year of 2010-11 its revenue were 98000 crore. Growth potential: Its operating ratio improved to 76% while, in the last four years, its plan size increased from 13,000 crore to 30,000 crore . The proposed investment for the 2008-2009 fiscal year is 37,500 crore i.e. 21% more than for the previous fiscal year. The sixth pay commission improvises the salaries of railway staff. Ticketing services are available at all major and minor railway stations across India. In 2003, Indian Railways launched online ticketing services through the IRCTC website. Apart from E-tickets, passengers can also book I-tickets that are basically regular printed tickets. According to comScore, the Indian Railways website was the top visited Indian travel site in April 2010, with 7.7 million visitors Importance in economy: It is the world's second largest commercial or utility employer, with more than 1.36 million employees .It owns over 240,000 freight wagons, 60,000 coaches and 9,000 locomotives. It is one of the cheapest modes of transportation. . A privatization scheme was recently introduced recently to improve the performance of freight trains. Companies are being allowed to run their own container trains. Competition: However, competition from trucks which offer cheaper rates has seen a decrease in the proportion of freight traffic carried by rail in recent years. Since the 1990s, Indian Railways has switched from small consignments to larger bulk goods which have helped speed up its operations. Indian Railways also transports vehicles over long distances. Trucks that carry goods to a particular location are hauled back by trains saving the trucking company on unnecessary fuel expenses. Refrigerated vans are also available in many areas. The "Green Van" is a special type used to transport fresh food and vegetables. Recently Indian Railways introduced the special 'Container Rajdhani' or CONRAJ, for high priority freight. The highest speed notched up for a freight train is 120 kilometers per hour (75 mph) for a 5,500 metric tonne load. IRCTC takes care of the tourism operations of the Indian Railways. The Indian Railways operates several luxury trains such as Palace on Wheels, Golden Chariot, Royal Orient Express and Deccan Odyssey; that cater mostly to foreign tourists. For domestic tourists too, there are several packages available that cover various important tourist and pilgrimage destinations across India.

Organization profile:
Railways were first introduced to India in 1853. By 1947, the year of India's independence there were forty-two rail systems. In 1951 the system was nationalized as one unit, becoming one of the largest networks in the world. IR is now the Governmental undertaking under ministry of railways. IR operates both long distance and suburban rail systems on a multi-gauge network of broad, meter and narrow gauges. It also owns locomotive and coach production facilities. As of May 2011, the Railway Ministry is headed by Dinesh Trivedi, the Union Minister for Railways assisted by two ministers of State for Railways. Indian Railways is administered by the Railway Board, which has a financial commissioner, five members and a chairman. Indian Railways is divided into zones, which are further sub-divided into divisions. The number of zones in Indian Railways increased from six to eight in 1951, nine in 1952, and sixteen in 2003and finally 17 in 2010. Each zonal railway is made up of a certain number of divisions, each having a divisional headquarters. There are a total of sixty-eight divisions. With approximately 1.6 million employees, Indian Railways is the worlds single largest employer. Staff are classified into gazette (Group A and B) and non-gazette (Group C and D) employees.

Methodology:

Data Collection
Sources Secondary sources

Data Analysis
Financial Analysis Growth Analysis

Strategy
Business level strategy Operational level strategy

TABLE OF CONTENT:

S.no.
1.

Contents
Introduction Background Of The Study Objective Methodology Limitation Of The Study Organization Profile Introduction Vision And Mission Objective And Aim Activities Of Organization Indian Railway Introduction Data Analysis Findings Strategy for future Learning Recommendation And Conclusion References Annex

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