Indian Railways Analysis
| Indian Railways | Prepared By | | Mahesh G | |
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Contents Scope: 2 Indian Railways - Background: 2 Market Structure: 6 Conclusion: 9 Bibliography: 10
Scope:
This brief study aims at analyzing the market structure of Indian Railways. It starts with the history of railways and explores the various characteristics of railways. It also provides a brief comparison of Indian railways vis-à-vis World Railway system.
Indian Railways - Background:
Indian railways come under the Ministry of Railways which is responsible for running rail network in India. The railway ministry is headed by railway minister of cabinet ranking. Of late, Indian railway has adopted the corporate style of working. Indian railway (IR) has been operating since 1853. The 64,015 kms of Indian rail network is the 4th largest in the world and it not only covers 28 states and 3 union territories, but also stretches up to Bangladesh, Nepal and Pakistan. As of 2005, IR owned a total of 222,379 wagons, 42,125 coaches and 7910 locomotives and ran a total of 14,444 trains daily, including about 8,702 passenger trains. Each year, the IR transports 7 billion passengers and 350 million tons of freight. These statistics clearly indicate the enormity, expansiveness and extensiveness of railway system in India.
The development of IR had its roots in the 1800s, when India was a British colony. The British East India Company and later, the British colonial governments were credited with starting a railway system in India. The British found it difficult to traverse great distances between different places in India. They felt the need to connect those places with trains to speed up the journey as well as to make it more comfortable than travel by road in the great heat. They also sought a more efficient means to transfer raw materials like cotton and wheat from the hinterlands of the country to the ports located in Bombay, Madras and Calcutta, from where they would be
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Contents Scope: 2 Indian Railways - Background: 2 Market Structure: 6 Conclusion: 9 Bibliography: 10
Scope:
This brief study aims at analyzing the market structure of Indian Railways. It starts with the history of railways and explores the various characteristics of railways. It also provides a brief comparison of Indian railways vis-à-vis World Railway system.
Indian Railways - Background:
Indian railways come under the Ministry of Railways which is responsible for running rail network in India. The railway ministry is headed by railway minister of cabinet ranking. Of late, Indian railway has adopted the corporate style of working. Indian railway (IR) has been operating since 1853. The 64,015 kms of Indian rail network is the 4th largest in the world and it not only covers 28 states and 3 union territories, but also stretches up to Bangladesh, Nepal and Pakistan. As of 2005, IR owned a total of 222,379 wagons, 42,125 coaches and 7910 locomotives and ran a total of 14,444 trains daily, including about 8,702 passenger trains. Each year, the IR transports 7 billion passengers and 350 million tons of freight. These statistics clearly indicate the enormity, expansiveness and extensiveness of railway system in India.
The development of IR had its roots in the 1800s, when India was a British colony. The British East India Company and later, the British colonial governments were credited with starting a railway system in India. The British found it difficult to traverse great distances between different places in India. They felt the need to connect those places with trains to speed up the journey as well as to make it more comfortable than travel by road in the great heat. They also sought a more efficient means to transfer raw materials like cotton and wheat from the hinterlands of the country to the ports located in Bombay, Madras and Calcutta, from where they would be
Bibliography: 1. Wikipedia 2. http://www.indianrail.gov.in 3. http://www.Managementfunda.com 4. http://www.researchandmarket.com