Indian Railways finalising plans on train branding, expects to raise Rs 9,000 crore

by BHAVNA VIJ AURORA, ET Bureau

NEW DELHI: Indian Railways is finalising a branding policy for trains, coaches, stations and even consumables such as bedding, an initiative that’s expected to raise as much as Rs 9,000 crore for the cash-strapped organisation.

A task force headed by Railway Board member (traffic) Ajay Shukla will submit a detailed report on the issue by April 30 to finalise a comprehensive commercial publicity policy and its operational framework. The task force was formed by railway minister Suresh Prabhu after engineering consultancy RITES Ltd estimated earnings from the avenue at the figure above in a study.

“The minister is open to the idea of auctioning names of stations and even trains to corporates,” an official said. “So you could also have an ET Mumbai-Delhi Rajdhani.” More info

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