Transformation In Railway

TURNAROUND OF INDIAN RAILWAYS PRESENTED BY: JASDEEP SINGH(50702508) KARAN MALHOTRA(50802034) AMRITWINDER SINGH(50802007) IQBAL SINGH MANN(50802027) DALJEET SINGH(50702502) AMITINDER SIDHU(50702501)

Indian Railways 

the world’s third largest railway, carries 13 million passengers each day.

SOURCE: MINISTRY OF RAILWAYS

CONCEPTUAL FRAMEWORK

Retrenchment Strategy

Effect

1 ) Reviewing non value adding business (Catering, parcel service )

Cost saving > Rs 1,000 crores /annum

2) Reduction of wagon turnaround time

14 % time saved

3) Outsourcing

Improved efficiency

Repositioning Strategy

Effect

1 ) Developing new products (Double stack containers)

Saving: 7% on capital cost , 25% operational expenses

2) Product differentiation

E-ticketing, new passenger coaches

3) Focus on revenue growth(like enhancement in loading capacity, cash incentive to free up wagons)

Freight revenue jumped from 233 m(2001) to 417 m(2007).

Re- Organisation

Strategy

Effect

1 Changes in planning system(like introduction of the ERP)

Improved efficiency

2) Extent of decentralization ( like Zones raised from 9(2003) to 16 (2005))

Improved vendor satisfaction

LAGE RAHO LALOO BHAI!!!

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Cut down the Accident rate Hi tech systems Better infrastructure Proper recruitment and training of employees Disaster management Less political interference Increased security assurance Continuous progress

THANK YOU!!!

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