IRCTC clarifies on e-ticketing business

Indian Railway Catering & Tourism Corporation Limited (IRCTC) has announced that around 14.5 lakh reserved tickets are booked on daily basis in Indian Railways, out of which 81% are e-tickets, booked through IRCTC.

IRCTC has entered into partnerships with many agencies under schemes like B2B, EGovernance, B2C etc. to complement IRCTC’s efforts to reach out to citizens for ease of ticketing and there is no competition between IRCTC and it's agents.

Further, B2C firms are especially integrated with IRCTC business to provide reserved eticketing services to customers directly through their websites or mobile Apps through IRCTC API. Trainman is one of the 32 B2C partners of IRCTC contributing 0.13% of total reserved ticketing. Its acquisition by any other agency will not change the application of the extant B2C policy in anyway. All the integrations and operations will continue to be done through IRCTC only as is being done presently.

Source : Equity Bulls

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IRCTC IndianRailwayCateringandTourismCorporation eTickets BusinessUpdate