Company Profile
The Indian Railways’ ticketing, catering and tourism needs are met by the Indian Railway Catering and Tourism Corporation (IRCTC), a public sector enterprise in India. It was previously entirely owned by the Indian government and ran under the administrative supervision of the Ministry of Railways, but as of 2019, it has been listed on the National Stock Exchange and the Bombay Stock Exchange, with the government still holding a majority stake. IRCTC was incorporated in the year 1999. It is the only organization authorized to offer a variety of services to the Indian Railways apart from fooding like online ticketing and the sale of water on trains and at railway stations. The company was classified as Miniratna Public Corporation in the year 2008 which gave the organization some degree of financial freedom.
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