Indian Railways

Name: Indian Railways

Sector: Others

Sector Other:: Rail transport

Category: Other

Main Customer: Whole Seller

R&D Backup: In-house

Tin No.:

Parent Organization:

Ownership: Local

Owner Name: Piyush Goyal

Type: Government

Type Other: NA

No. of employee: 1.308 million

Area of Work: Indian Railway (IR) runs more than 20,000 passenger trains daily, on both long-distance and suburban routes, from 7,349 stations across India.The trains have a five-digit numbering system. Mail or express trains, the most common types, run at an average speed of 50.6 kilometres per hour (31.4 mph). In the freight segment, IR runs more than 9,200 trains daily. The average speed of freight trains is around 24 kilometres per hour (15 mph). As of March 2017, IRs rolling stock consisted of 277,987 freight wagons, 70,937 passenger coaches and 11,452 locomotives. IR owns locomotive and coach-production facilities at several locations in India. The worlds eighth-largest employer, it had 1.308 million employees as of March 2017. In the year ending March 2018, IR carried 8.26 billion passengers and transported 1.16 billion tonnes of freight. In the fiscal year 201718, IR is projected to have revenue of ₹1.874 trillion (US$27 billion), consisting of ₹1.175 trillion (US$17 billion) in freight revenue and ₹501.25 billion (US$7.3 billion) in passenger revenue, with an operating ratio of 96.0 percent.

Mission.: To make IRFC one of the leading financial services companies in the country, for raising funds from the capital markets at competitive cost for augmenting Railway Plan finances, duly ensuring that the Corporation makes optimum profits from its operations.

Vision: To be the pivotal and premier financial services company for the development of Rail Transport Sector while maintaining its symbiotic relationship with the Ministry of Railways.

Mandate: In order to further strengthen the Organization Structure for coping up with the additional workload due to manifold increase the annual borrowing target mandated by MOR and significant increase in the compliance requirements in the aftermath of implementation of the New Companies Act, SEBI (LODR) Guidelines, migration to IND-AS and introduction of GST, the Company got a Manpower study conducted by a reputed Management Institute. Based on the report submitted by the Institute, the Company has approached the Govt. of India, Ministry of Railways for approving the proposed increase in manpower strength.

Summary of Activities: IR carries out various activities that are essentially uneconomic in nature, where it is either not able to recover the costs (capital investments/operating costs) it incurs to deliver such services, or ends up foregoing revenues. Such activities, termed by IR as Social Service Obligations, include concessional tariffs for a few passenger segments or essential commodities and services in uneconomical train routes. While the assessment of actual losses to meet social service obligations requires a scientific study, the estimation of such losses from IR for the fiscal year 201617 is ₹296.3 billion (US$4.3 billion)

Exporter: Yes

Products Exporting: NA

Safety Measures: Yes

Security Certificate: NA

Corporate Social Responsibility (CSR) :

S.No. Year Net Profit CSR Budget CSR Expenditure Areas of Expenditure Details

Product(s) :

S.No. Title Quantity Details
1 Locomotives NA *Chittaranjan Locomotive Works in Chittaranjan, West Bengal manufactures electric locomotives. *Diesel Locomotive Works in Varanasi, Uttar Pradesh manufactures diesel & electric locomotives. *Diesel Locomotive Factory in Marhowra, Bihar. Its a Joint Venture of Indian Railways & General Electric. They manufacture high capacity diesel locomotives, used especially for freight transportation. *Electric Locomotive Factory in Madhepura, Bihar. Its a Joint Venture of Indian Railways and Alstom SA. They manufacture electric locomotives. *Diesel-Loco Modernisation Works in Patiala, Punjab upgrades & overhaul the locomotive
2 Rolling Stock NA *Integral Coach Factory in Chennai, Tamilnadu *Rail Coach Factory in Kapurthala, Punjab *Modern Coach Factory in Raebareli, Uttar Pradesh
3 Wheel & Axle NA *Rail Wheel Factory in Bangalore, Karnataka *Rail Wheel Plant, Bela in Chhapra, Bihar

R&D Plan(s) :

S.No. Year Budget Need Plan Details
1 2018 0 Process/Know-How NA NA

Report(s) :

S.No. Year Type Title Link Detail
1 2018 Annual Report Annual Report Download Annual Report

Document(s) :

S.No. Year Link Detail
1 Annual Report Download Annual Report

Address(es) :

S.No. Primary/ Alternate Email Mobile/ Phone City/ State/ Country Detail
1 / 0112436976669/ 0112436976669 New Delhi/ Delhi / India Upper Ground Floor, East Tower, NBCC Place, Pragati Vihar, Lodhi Road, New Delhi 110 003

Contact(s) :

S.No. Name Primary/ Alternate Email Mobile/ Phone City/ State/ Country Detail
1 IND24 Piyush Goyal / 0112436976669 0112436976669/ New Delhi / Delhi India