IndiGo & SpiceJet express interest in operating Indian Railways

The Indian Railways’ plan to rope in private players to run its trains has drawn the attention of few airlines as well as travel portal MakeMyTrip, said sources in the Ministry of Railways. Two big players from the catering sector have also shown interest, said sources. Under this public-private partnership (PPP) model, railways remains the owner of the train, while an outsider takes care of ticketing, catering and cleaning.

The overwhelming response from the biggies has prompted the rail ministry to put the plan on the fast track. It will soon finalise the terms and conditions for private players to operate the trains before calling for bids. “This has been conveyed to the interested parties,” said a source.

Source: PTI