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IRCTC to build, operate budget hotels in India: Report

14 Jul 2022 Evaluate

Indian Railway Catering and Tourism Corporation (IRCTC) is reportedly planning to build and operate budget hotels in India, primarily focusing on tourist destinations. In the first phase of the project, the company is aiming to spend Rs 500 crore. The company is in discussion with various state governments regarding the project and proposals have been sent to respective state governments.

IRCTC is the only entity authorised by the Indian railways to provide catering services to railways, online railway tickets and packaged drinking water at railway stations and trains in India.

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Company Name CMP
Thomas Cook (India) 100.25
IRCTC 455.65
TBO Tek 1614.05
Le Travenues Techno 157.05
Yatra Online 96.90
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