Indian Railways plans to lease train coaches to private companies
14 Sep 2021
2 Min Read
CW Team
In an effort to boost public access to rail-based tourism, the Indian railway is leasing coaching stock to interested parties for use as theme-based cultural, religious, and other tourist circuit trains.
According to a statement from the Ministry of Railways, the purpose of the act is to tap the potential of the tourism sector and to leverage the core strengths of tourism professionals in tourism activities such as marketing, hospitality, service integration, customer base reach, expertise in tourist circuit development, and so on.
Leasing of coaches in the configuration desired by interested parties.
Leases are also available for bare shells.
Coaches can be purchased outright as well. Coaches may be refurbished to a limited extent.
Leasing must be done for a minimum of 5 years and can be extended until the coaches reach the end of their useful life. As per policy guidelines, the minimum train composition for leasing purposes is.
Develop/decide on a business model by interested parties (routes, itinerary, tariff etc). The simple registration process is based on eligibility criteria for interested parties.
Haulage fees, nominal stabling fees, and lease fees will be charged by Indian Railways.
Punctuality is given top priority. Approval of coach refurbishment and itineraries in a timely manner.
For maintenance runs, there is no need for haulage. Third-party advertising is permitted inside the train, as train branding.
Vistadome coaches have the potential to unlock the traffic potential on tourism routes and destinations that were being phased out by Indian Railway before COVID.
Vistadome coaches have the potential to unlock tourism demand and are a natural fit for a private sector privatisation package, such as the mountain railway, which is currently being considered.
Also read: Indian Railways to operate 102 Vande Bharat trains by March 2024
In an effort to boost public access to rail-based tourism, the Indian railway is leasing coaching stock to interested parties for use as theme-based cultural, religious, and other tourist circuit trains.
According to a statement from the Ministry of Railways, the purpose of the act is to tap the potential of the tourism sector and to leverage the core strengths of tourism professionals in tourism activities such as marketing, hospitality, service integration, customer base reach, expertise in tourist circuit development, and so on.
Leasing of coaches in the configuration desired by interested parties.
Leases are also available for bare shells.
Coaches can be purchased outright as well. Coaches may be refurbished to a limited extent.
Leasing must be done for a minimum of 5 years and can be extended until the coaches reach the end of their useful life. As per policy guidelines, the minimum train composition for leasing purposes is.
Develop/decide on a business model by interested parties (routes, itinerary, tariff etc). The simple registration process is based on eligibility criteria for interested parties.
Haulage fees, nominal stabling fees, and lease fees will be charged by Indian Railways.
Punctuality is given top priority. Approval of coach refurbishment and itineraries in a timely manner.
For maintenance runs, there is no need for haulage. Third-party advertising is permitted inside the train, as train branding.
Vistadome coaches have the potential to unlock the traffic potential on tourism routes and destinations that were being phased out by Indian Railway before COVID.
Vistadome coaches have the potential to unlock tourism demand and are a natural fit for a private sector privatisation package, such as the mountain railway, which is currently being considered.
Image Source
Also read: Indian Railways to operate 102 Vande Bharat trains by March 2024
Next Story
Kolkata鈥檚 luxury housing market sees price growth amid mixed trends
A new study by Nklusive reveals that Kolkata鈥檚 luxury residential market (Rs 5鈥�10 crore) recorded a 33 per cent year-on-year rise in supply and a 52 per cent increase in sales in calendar year 2024 (CY24). South Kolkata led with 78 per cent of the segment鈥檚 supply. The average price rose by 6 per cent鈥攆rom Rs 17,519 to Rs 18,600 per sq ft鈥攚hile unsold inventory grew by 15 per cent. Monthly absorption improved from 2 to 3 units.In contrast, the ultra-luxury segment (Rs 10 crore and above) experienced a 17 per cent decline in supply and a 30 per cent fall in sales. Central Kolkata acco..
Next Story
New Expressway to Cut Pune-Bengaluru Travel Time by Half
The upcoming Pune-Bengaluru Expressway is expected to significantly improve connectivity and economic opportunities across Maharashtra and Karnataka. This 700-kilometre greenfield, access-controlled highway will cut the travel time between Pune and Bengaluru from 15 hours to just 7 hours, facilitating easier movement for both commuters and businesses. Starting from Bommanal in Karnataka鈥檚 Athani Taluk, the expressway will traverse important districts such as Belagavi, Bagalkot, and Jamakhandi. It will then enter Maharashtra at Kanjle, connect with the proposed Pune Ring Road, and pass throug..
Next Story
Nagpur鈥檚 Koradi Naka to Get Y-Shaped Flyover for Safer, Smoother Traffic
To alleviate traffic congestion and enhance safety at Koradi Naka in Nagpur, a Y-shaped flyover is currently being constructed on National Highway 47. Demolition work has already commenced, with the main construction scheduled to start on June 20, 2025.The project, costing Rs 430.37 billion, involves building a 1,090-meter-long flyover that will connect Farsa, the Mahadula Railway Overbridge (ROB), and Bokhara Road, and will also feature an underpass. The existing structure will be repurposed into a service road to facilitate local traffic.Koradi Naka has been identified as a significant "blac..
