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News CORPORATE WATCH

  • Mar 08, 2013
  • IRCTC eyes e-commerce space; plans to sell books, mobile phones

    From food and online tickets at present, to books, footwear and mobile phones in future – the Indian Railways Catering and Tourism Corporation (IRCTC) plans to spread its wings far and wide.“We are discussing with existing firms in the e-commerce space to thrash out the details. This will help us monetise our registered user base of over two crore,” IRCTC Managing Director R.K. Tandon told Business Line.The Railway Ministry’s arm, which may also start selling furnishings and electronics, will make sure that its online shopping plans do not affect online ticketing traffic, Tandon said.
    “Even now, our system capacity is free during the large part of the day, barring peak hours. And now that we will invest in further upgrading the IT infrastructure, we would like to increase asset utilisation to earn more revenue on the same costs,” he added.

    Source - http://www.thehindubusinessline.com